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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
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyFri Jul 19, 2024 10:30 am by faithhharris

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

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» COMB.N0000 (Commercial Bank of Ceylon PLC)
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

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» When Seagulls Follow the Trawler
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

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People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
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» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
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» Banks, Finance & Insurance Sector Chart
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
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» What Industry Would You Choose to Focus?
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
People’s Bank to make mandatory offer for People’s Merchant Finance shareholders EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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    People’s Bank to make mandatory offer for People’s Merchant Finance shareholders

    First Guy
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22
    • Post n°1

    People’s Bank to make mandatory offer for People’s Merchant Finance shareholders Empty People’s Bank to make mandatory offer for People’s Merchant Finance shareholders

    Post by First Guy Tue Jul 07, 2015 7:35 am

    July 06, 2015 (LBO) – Sri Lanka People’s Bank and People’s Leasing and Finance is to make a mandatory offer to the remaining shareholders of People’s Merchant Finance following a joint share acquisition, People’s Bank said.

    People’s Bank and People’s Leasing and Finance on 03 July 2015 has acquired a total of 6,461,543 ordinary shares at a price of 22.00 rupees per share representing 9.57 percent of the voting rights in People’s Merchant Finance.

    Following the acquisition, the People’s Bank and People’s Leasing and Finance currently own 32,921,519 voting shares or 48.77 percent of People’s Merchant Finance triggering a mandatory offer to the remaining shareholders of People’s Merchant Finance.

    http://www.lankabusinessonline.com/peoples-bank-to-make-mandatory-offer-for-peoples-merchant-finance-shareholders/
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