Colombo Stock Market Report – 23-01-2009.
ASI closed 11.67 points higher at 1761.81 & MPI closed the day 10.21 points higher at 1929.75.
Turnover was RS 92.6 million.
Seylan Bank shares received good investor attention today & closed Rs 8.00 higher at Rs 42.75.
Sri Lanka Telecom closed one rupee higher at Rs 37.00.
Announcements
ARPICO FINANCE COMPANY PLC – Rights Issue Dates
Proportion: 10 (Ten) for 7 (Seven)Date of Announcement: 23.Jan.2009EGM/ Provisional Allotment:- 13-02-2009 XR :- 16-02-2009Dispatch of Provisional Letter of Allotment:- 20-02-2009Splitting :- 06-03-2009Renunciation:- 13-03-2009Rights Trading Commences on:- 27-02-2009
The company has made a further announcement regarding a press publication. – TOKYO CEMENT CO. (LANKA) PLC
At the Court of Appeal hearing on 20th January 2009, in the matter of an application for mandates in the nature of Writs of Certiorari, Prohibition and Mandamus in terms of Article 140 of the Constitution, settlement was reached with the Customs as under:Sri Lanka Customs agrees and undertakes not to take any steps to recover Value Added Tax (Rs. 146.7 million) or to inquire into and determine any issue in the Customs Inquiry in order to or for the purpose of recovering VAT and will limit the said inquiry to the alleged under valuation.The company agrees to co-operate with the Sri Lanka Customs and its officers pertaining to the subject matter of the inquiry to the alleged under valuation.The amount pending to be investigated by the Sri Lanka Customs revolves around Rs. 45.9 million. The company is of the opinion that amount claimed by the Department of Customs is much against the express provisions of the Customs law.
JOHN KEELLS HOLDINGS PLC – DIVIDEND
Company ID:- JKHDate of Announcement:- 23.Jan.2009Rate of Dividend:- Rs.1.00 per share-second Interim Dividend Financial Year:- 2008/2009Date to be notified
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