Colombo market opened on positive note but ended lower as most Asian markets declined except Chinese market.

ASI lost 22.45 points to end at 1671.69 while MPI closed 23.82 points lower at 1750.11.
Turnover was LKR 76.3 million.

Seylan Bank reported 709 million loss for the last quarter & stock closed Rs 2.25 lower at 34.50. Sri Lanka Telecom lost 75 cents to end at Rs 34.25.

John Keels Holdings 75 cents lower at Rs 59.00 but contributed Rs 21.9 million for the today’s market turnover by trading 367100 shares.

Announcements

02-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,CARE,SERV,APLA,CFIN,GUAR& ONAL.Released to the market on 02-03-2009 – ASHO,TKYO & HARI

02-Mar-2009 John keells Holdings PLC acquires additional stake in “SAGT”

International Finance Corporation (IFC) exercised their put option in respect to their 7.5% share of South Asian Gateway Terminals Limited (“SAGT”). John Keells Holdings PLC (“JKH”) acquired its pro rata entitlement of 4.22% of the share capital of SAGT for a consideration of US$19.34 million. The balance was acquired by APM Terminals BV.

02-Mar-2009 DEFAULT BOARD TRANSFER OUT

Colonial Motors PLC has been transferred from the default board

02-Mar-2009 ANNUAL REPORTS OF LISTED COMPANIES.

The following Companies have released their Annual Financial Reports for the year ended 31st March/31st December 2008 to the CSE.Released to the Market on 16-02-2009 – LCEY & COLOReleased to the Market on 18-02-2009 – RGEMReleased to the Market on 20-02-2009 – PDLReleased to the Market on 27-02-2009 – EBCR & CTCReleased to the Market on 02-03-2009 – HNB

27-Feb-2009 CHAIRMAN / MANAGING DIRECTOR – CEYLINCO INSURANCE PLC and THE FINANCE COMPANY PLC

The above Companies have informed CSE that Mr. Lalith Kotelawala, Chairman/Managing Director of the aforesaid Companies has been remanded until 11/03/2009 by the order 26/02/2009 of the Magistrate’s Court of Mount Lavinia. Mr. Kotelawala will take suitable legal action. Mr. Kotelawala remains the Chairman / Managing Director of the above Companies.

27-Feb-2009 CHAIRMAN – BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

The Company has informed that Dr. Lalith Kotelawala, Chairman of the aforesaid Company has been remanded until 11/03/2009 by order dated 26/02/2009 of the Magistrate’s Court of Mount Lavinia. Dr. Kotelawala will take suitable legal action. Dr.Kotelawala remains the Chairman of the above Company.

27-Feb-2009 UNION ASSURANCE PLC

The Company has informed CSE that John Keells Holdings PLC acquired 36.97% shares of Union Assurance PLC. The seller being Carson Cumberbatch PLC and its subsidiaries and associates. This transaction took place through the Colombo Stock Exchange on 20th February 2009.

27-Feb-2009 MERCANTILE SHIPPING COMPANY PLC – SALE OF VESSEL

The company has informed the CSE that Mercantile Shipping Company PLC has decided to sell mv ‘Mercs Ruhunu’, a vessel owned by the Company.

26-Feb-2009 ACQUISITION OF SHARES ON 20TH FEBRUARY 2009 BY JOHN KEELLS HOLDINGS PLC

The following Companies have informed CSE that the undermentioned transactions were done on the 20th February 2009 by John Keells Holdings PLCAcquisition of Shares in Ceylon Cold Stores PLC JKH has acquired 2,556,611 shares from Ceylon Guardian Investment Trust PLC at Rs.115/- per share & 1,804,700 shares from Ceylon Investment PLC at Rs. 115/- per share.Total shares bought 4,361,311Acquisition of Shares in John Keells PLC JKH has acquired 743,900 shares from Ceylon Guardian Investment Trust PLC at Rs.60/- per share & 913,400 shares from Ceylon Investment PLC at Rs. 60/- per share.Total shares bought 1,657,300Acquisition of Shares in Union AssuranceJKH has acquired 3,739,108 shares from Ceylon Guardian Investment Trust PLC at Rs.72/- per share, 3,308,850 shares from Ceylon Investment PLC at Rs. 72/- per share & 6,817,007 shares from Carson Cumberbatch PLC at Rs. 72/- per share.Total shares bought 13,864,965

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