Colombo Stocks fell again on negative cooperate results
Most of listed companies are releasing their results for the year ended 31st December 2008.
Majority of them are reporting losses due to economic situation prevailed last year. Dialog Telekom reported the biggest loss of Rs. 3.9 billion for the quarter ended 31st Dec 2008.
All Share index declined 20.61 points to close at 1706.30 & Milanka index also lost 45.17 points to close at 1788.71.
Turnover was Rupees 106.2 million.
Ceylon Tobacco Co. Plc closed Rs 5.00 higher at Rs 95.00. John Keeels Holdings closed Rs 3.75 lower at Rs 61.00.
Announcements
ACME Printing and Packaging PLC
The Company informed that Acme Packaging Solutions (Pvt) Limited a subsidiary of Acme Printing and Packaging PLC has resolved today.The company informed the following “That 2,285,714 ordinary shares be allotted to Acme Printing and Packaging PLC at Rs. 14/- per share for a total consideration of Rs. 31,999,996/-, which amount is the cost over-run of the project at Pannala financed by Acme Printing and Packaging PLC, and which in the opinion of the Board is fair and reasonable to the Company and all existing shareholders.”
DIVIDEND ANNOUNCEMENTS
LANKA TILES PLC Company ID:- TILEDate of Announcement:- 25.Feb.2009Rate of Dividend:- Rs.1.00 per Share – Interim DividendFinancial Year:- 2008/09Dates to be notifiedTALAWAKELLE TEA ESTATES PLC Company ID:- TPLDate of Announcement:- 25.Feb.2009Rate of Dividend:- Rs.1.25 per Share(Subject to 10% dividend tax) – First & Final DividendFinancial Year:- 2008AGM:- 30.Mar.2009XD:- 31.Mar.2009 Payment:- 06.Apr.2009 Share Transfer Book Open REGNIS (LANKA) PLC Company ID:- REGDate of Announcement:- 24.Feb.2009Rate of Dividend:- Rs.2.50 per Share – Final DividendFinancial Year:- 2008AGM:- 31.Mar.2009XD:- 01.Apr.2009 Payment:- 06.Apr.2009 Share Transfer Book Open NESTLE LANKA PLC Company ID:- NESTDate of Announcement:- 24.Feb.2009Rate of Dividend:- Rs.10.00 per Share-Second Interim DividendFinancial Year:- 2008XD:- 16.Mar.2009 Payment:- 26.Mar.2009 Share Transfer Book Open SINGER INDUSTRIES(CEYLON) PLC Company ID:- SINIDate of Announcement:- 24.Feb.2009Rate of Dividend:- Rs.2.00 per Share – Final DividendFinancial Year:- 2008AGM:- 31.Mar.2009XD:- 01.Apr.2009 Payment:- 06.Apr.2009 Share Transfer Book Open PROPERTY DEVELOPMENT PLCCompany ID:- PDLDate of Announcement:- 30.Jan.2009Rate of Dividend:- Rs.2.00 per Share – First & Final DividendFinancial Year:- 2008AGM:- 18.Mar.2009XD:- 19.Mar.2009 Payment:- 25.Mar.2009 Share Transfer Book Open
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