Colombo Market up marginally on thin trading – 02-10-2008
The All Share Price Index was up 6.35 points at 2,148.61 while the Milanka went up 10.35 points to 2,407.54. Turnover was LKR 84.8 million.
Investors are still on wait & see attitude due to global financial crisis.
JKH & SLT up by 50 cents & closed LKR 87 & 42 respectively.
Dialog Telekom was the most actively traded share but closed flat at LKR 8.
Announcements
LANKA VENTURES PLC
The Company informed the CSE that regarding the Tax refunds matter, the Board of Director of the Company have decided to recognize a provision of Rs.130,247,094 in the financial statements for the quarter ended 30 September 2008. This represents the amount received in the form of tax refunds during the financial year 2003/4.The balance amounting to Rs.105,301,769 will continue to be treated as a contingent liability in the Company’s financial statements.
CHEMICAL INDUSTRIES (COLOMBO) PLC
The Company informed the followingThis is to inform you that the 49% holding in our associate Dev-Fern(Pvt) Ltd. And 21% holding in our associate, Software Management Services(Pvt) Ltd have been disposed by the Company with effect from 30th September 2008.This divestment will not have a material impact on the overall profitability of the Company and the Group.
CEYLON THEATERS PLC – DIVIDEND
Company ID:- CTHRDate of Announcement:- 02 .Oct. 2008.Rate of Dividend:- Rs.0.15 Per Share-2nd Interim Dividend Financial Year:- 2007/2008XD:- 07. Oct. 2008 Payment:- 20. Oct. 2008Share Transfer Book Open
JOHN KEELLS HOLDINGS PLC – DIVIDEND
Company ID:- JKHDate of Announcement:- 02 .Oct. 2008.Rate of Dividend:- Rs.1.00 Per Share-Interim Dividend Financial Year:- 2008/2009XD:- 13. Oct. 2008 Payment:- 24. Oct. 2008Share Transfer Book Open
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