All Share Index closed 11.14 points lower at 2239.18 & Milanka Price Index closed the day 14.49 points lower at 2512.73.

Turnover for the day was LKR 86.6 Million.

Foreign purchases were LKR 9.7 Million while foreign sales was LKR 10.5 Million.

JKH was the main contributor with 337400 shares traded.
Dialog Telekom & Srilanka Telecom down by 25 cents each.

ANNOUNCEMENTS

DIVIDEND ANNOUNCEMENT OF THE METROPOLITAN RESOURCE HOLDINGS LTD (MPRH)

The Board on reasonable grounds believed that the company would satisfy the Solvency Test immediately after the distribution of dividends. However, the company’s auditors have expressed a difference in opinion and due to a provision made by them in the company’s accounts they have declared that the company would not meet the Solvency Requirement after the payment of the dividends as proposed by the Directors.
Therefore, there would not be any distribution of the dividends by the company as previously announced.

SAMPATH BANK PLC – PRIVATE PLACEMENT

The Board of Sampath Bank PLC wishes to inform the public that the International Finance Corporation (IFC) has now informed that it will require further time to finalize its decision to participate in the equity of the bank and hence it will not participate in the Private Placement or Rights Issue within the time frames as announced earlier. However the IFC will continue to have close relations with the Bank and provide technical know how to the bank.
Accordingly the Private Placement announced previously will not take place.

SAMPATH BANK PLC – RIGHTS ISSUE

Company ID :- SAMP
Proportion:- 01 (One) for 04 (Four)
Issue Price:- Rs.100.00
EGM & Provisional Allotment:- 29. Oct. 2008
Date EX :- 30. Oct .2008
Dispatch of Provisional Letter of Allotment:- 05. Nov. 2008
Trading Commences on :- 11. Nov. 2008
Splitting: – 20. Nov. 2008
Renunciation: – 25. Nov. 2008
Quantity Offered:- 17,221,907
Remarks: – Books Open

BAIRAHA FARMS PLC – DIVIDEND

Company ID:- BFL
Date of Announcement:- 22 .Sep. 2008.
Rate of Dividend:- Rs.1.00 Per Share – Final Dividend
Financial Year:- 2007/2008
AGM:- 22. Oct. 2008
XD:- 23. Oct. 2008
Payment:- 30. Oct. 2008
Share Transfer Book Open

SERENDIB LAND LIMITED – Amended Dividend Payment Date

Company ID:- SLND
Rate of Dividend:- Rs.10.00 Per Share – First & Final Dividend
Financial Year:- 2007/2008
AGM:- 30. Sep. 2008
XD:- 02. Oct. 2008
Payment:- 02. Oct. 2008
Share Transfer Book Open

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