C. W Mackie Plc has been amalgamated with its fully owned subsidiary Scan Tours and Travels (Pvt) Limited , by a resolution, in terms of Section 8 of the Colombo Stock Exchange(CSE), CSE sources said.
According to the Section 242(1) of the Companies Act, C.W Mackie will be the surviving entity upon the amalgamation becoming effective.
With this amalgamation the entire shares of Scan Tours become ineffective and will be cancelled without payment or other consideration, these sources said.
With the amalgamation all financial and administrative work comes under C.W.Mackie Plc. This amalgamation will become effective from 31st of March 2016, these CSE sources added. - HS
According to the Section 242(1) of the Companies Act, C.W Mackie will be the surviving entity upon the amalgamation becoming effective.
With this amalgamation the entire shares of Scan Tours become ineffective and will be cancelled without payment or other consideration, these sources said.
With the amalgamation all financial and administrative work comes under C.W.Mackie Plc. This amalgamation will become effective from 31st of March 2016, these CSE sources added. - HS
www.island.lk
No comments:
Post a Comment