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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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2 posters

    Cargo Boat ‘unloads’ Colombo 2 property

    Backstage
    Backstage
    Top contributor
    Top contributor


    Posts : 3803
    Join date : 2014-02-24

    Cargo Boat ‘unloads’ Colombo 2 property Empty Cargo Boat ‘unloads’ Colombo 2 property

    Post by Backstage Fri Apr 11, 2014 7:22 pm



    Cargo Boat ‘unloads’ Colombo 2 property
    Ada Biz Admin
    Top News
    April 11th, 2014


    Cargo Boat Development Company PLC sold its share of the property at No. 29, Braybrook Street, Colombo 2 to Renuka Land (Pvt) Ltd. for a sum of Rs. 107,200,000 on 10 April 2014.
    avatar
    Antonym


    Posts : 62
    Join date : 2014-03-01
    Age : 62

    Cargo Boat ‘unloads’ Colombo 2 property Empty Re: Cargo Boat ‘unloads’ Colombo 2 property

    Post by Antonym Fri Apr 11, 2014 7:46 pm

    Backstage wrote:
    Cargo Boat Development Company PLC sold its share of the property at No. 29, Braybrook Street, Colombo 2 to Renuka Land (Pvt) Ltd. for a sum of Rs. 107,200,000 on 10 April 2014.
    I'm guessing that the sales proceeds will be reinvested in shares of listed companies.

    This Braybrook Street property was valued at Rs 84.108 million in CABO's March 2013 financial statements. Therefore, the addition to net assets per share due to the sale is Rs 2.27.

      Current date/time is Wed Dec 11, 2024 1:23 am