Both Srilanka Telecom & Dialog Telekom shares lost their value after Fitch Ratings downgraded their outlook. SLT closed 75 cents lower at Rs 33.50 while Dialog closed 10 cents lower at Rs 4.70.

All share index lost 32.22 points to end at 1639.47 & MPI closed 39.79 points lower at 1710.40.
Turnover was 62.5 million. John Keells Holdings lost further 2 .25 to end at Rs 57.00.
There were 98 losers & only 9 gainers during the trading day.

Announcements

03-Mar-2009 DIALOG TELEKOM PLC – CORPORATE DISCLOSURE FITCH RATING DIALOG TELEKOM AT “AA” (lka)

The Company has informed CSE that Fitch Ratings (“Fitch”) today announced Dialog Telekom PLC (“Dialog”) National Long Term rating at ‘AA (Ika)’.Fitch has also rated Dialog’s outstanding preference shares of LKR 4.5bn at ‘AA-(Ika)’The Detail Rating Report has been attached in the Profile section of Dialog Telekom PLC.

03-Mar-2009 BONDS AND GUARANTEES – COLOMBO DOCKYARD PLC

The Company has informed CSE that Colombo Dockyard PLC has issued bonds and guarantees amounting to Rs.6,384.22 million as at 28th February 2009, in its regular course of business.

03-Mar-2009 INTERIM FINANCIAL REPORTS OF LISTED COMPANIES.

The following companies have released their Quarterly Financial Statements for the quarter ending 31st December 2008 to the CSE. These reports are available for free download from the relevant Company Profiles on the CSE website.LFIN,AUTO,JKH,CFI,KFP,CTC,HEXP,JKL,MRH,HASU,COCO,HAYC,KHL,RHL,HAYL,LVEN,SUGA,TSML,AHPL,CCS,CIT,DIPD,HOPL,LIOC,TRAN,CIC,HEXP,MGT,UAL,SPEN,AHUN,SMOT,CFLB,PARQ,HHL,RCL,TYRE,CPRT,PARA,KZOO,OFEQ,NEST,COLO,MULL,CLND,NHL,RGEM,BOGA,NDB.CHL,GREG,CTLD, HUNA, LHL, LWL, CHMX, LPRT, SHOT, SING, STAF,YORK,PDL, KHC, MIRA, SWAD, TAJ, DFCC, PMB, DIAL & SIL…Released to the market on 25-02-2009 – BLUE, LMF, CABO, PHAR, RGEM, RENU, UCAR & LWL(AMENDED)Released to the market on 26-02-2009 – CHOT, HDFC, KAPI, NEH, SFCL, SUN, WATA, VLL, REEF, UML, SLND, BFL, BRWN, MORI, DIMO, RICH, ABAN, KGAL, MASK, AEC, SLTL, NAMU, REXP Released to the market on 27-02-2009 – ALLI, ARPI, CFT, MSL,GEST,BOC,LHCL,ASPH,BINN,CDIC,CHOT,CARG,COML,HUNT,CONN,LOLC,EAST,KCAB,LALU,BALA,MADU,SIGV,PALM,BHR,BOPL,EDEN,ACME,SHAW,KAHA,CARS,BUKI,BREW,SMLL,LION,SEMB,TANG,RPBH,EQIT,ETWO,CTHR,APDL,GOOD,INDO,SELI,SHAL,CINV,CLPL,TFC,CTEA,ASIR,CWM,CERA,GHLL,CIND,BBH,ASCO,DPL,SEYB,SOY,KOTA,ACL,PEG,CSD,CARE,SERV,APLA,CFIN,GUAR& ONAL.Released to the market on 02-03-2009 – ASHO,TKYO,HARI&LKEMReleased to the market on 03-03-2009 – EMER,EBCR..

03-Mar-2009 NON PAYMENT OF DIVIDENDS FOR THE YEAR 2008 – PAN ASIA BANK

The Company has informed CSE that the Board of Directors of Pan Asia Banking Corporation PLC, have decided not to declare a first and final dividend for the year 2008 due to the following reasons:1.To maintain CBSL’s minimum capital requirement of Rs.2.5Bn. 2.To strength the shareholders funds of the bank.

03-Mar-2009 SIGIRIYA VILLAGE HOTELS PLC – RIGHTS ISSUE DATES

Company ID :- SIGV Proportion:- 01 (One) for 01 (One) Issue Price:- Rs.20.00 The number of shares to be issued: 3,478,950 Current Stated Capital: Rs. 106,301,215EGM/ Provisional Allotment:- 24-03-2009 XR :- 25-03-2009Dispatch of Provisional Letter of Allotment :- 31-03-2009Splitting :- 08-04-2009Renunciation :- 23-04-2009Rights Trading Commences on:- 06-04-2009Subject to Shareholder approval at a General Meeting.

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