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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Mandatory offer gives LOLC unit over 94% of Brac Lanka EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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2 posters

    Mandatory offer gives LOLC unit over 94% of Brac Lanka

    stocks hunter
    stocks hunter
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    • Post n°1

    Mandatory offer gives LOLC unit over 94% of Brac Lanka Empty Mandatory offer gives LOLC unit over 94% of Brac Lanka

    Post by stocks hunter Sun Nov 09, 2014 5:38 am

    The mandatory offer made by Commercial Leasing and Finance PLC for Brac Lanka Finance PLC closed on Wednesday with approx. 35.02 percent acceptances increasing the offeror’s stake in Brac Lanka to over 94 percent, Commercial Leasing and Finance has said in a Stock Exchange filing.

    Brac Lanka, previously Nanda Investment and Finance, was acquired by Commercial Leasing and Finance which is a member of the LOLC Group. Founded in Bangladesh in 1972, Brac which is into microfinance has a presence in ten countries.

    The acquisition was part of the Central Bank initiated financial sector consolidation.

    www.island.lk
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    Future123
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    • Post n°2

    Mandatory offer gives LOLC unit over 94% of Brac Lanka Empty Re: Mandatory offer gives LOLC unit over 94% of Brac Lanka

    Post by Future123 Tue Jul 19, 2016 11:06 am

    Received a letter yesterday from the company secretary relating to the share buy back somewhere around a year ago.

    I hold small quantity of NIFL (Brac Finance) and CLC took over without my consent and sent me a cheque.

    In the letter, they have given an option to pay back what was remitted to me and get the shares back to my CDS. There are around 5 million shares with minority.

    What do you think? Is it better paying and getting NIFL back? Their financials improved a lot in the last quarters.
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