24th April 2009.

Colombo stock market experienced another day of price gains in almost all the sectors. ASI was up by 35.03points (Closed 1845.03) & Milanka price index ended the day 63.64 points higher at 1971.27.

Turnover was Rs 376.8 million. John Keells Holdings was up by three rupees to close at Rs 68.00. Dialog Telekom closed 25 cents higher at Rs 5.50.
Hatton National Bank gained 3.50 to close at 88.50. Sri Lanka Telecom touched Rs 40.00 but ended the day at Rs. 39.00.

Heavy trading reported in National Development Bank (NDB) with over 1.3 million shares traded. NDB closed 75 cents lower at Rs 93.75.

Announcements @ CSE

24-Apr-2009 TRADING HALT – Balangoda Plantations PLC

The trade halt will be lifted at 11.05 a.m today.The CSE halted trading of BALA at 8.35 a.m. on 23rd April 2009 due to a pending Corporate Announcement from the company. The trade halt continued till the end of trading on 23rd April 2009.

24-Apr-2009 DIVIDEND ANNOUNCEMENTS

BALANGODA PLANTATIONS PLCCompany ID:- BALA Date of Announcement:- 24.Apr.2009Rate of Dividend:- Rs.0.75 per share – First & Final Dividend Financial Year:- 2008Dates to be notified CEYLINCO INSURANCE PLCCompany ID:- CINSDate of Announcement:- 03. Apr .2009Rate of Dividend:- Rs.2.00 per share – Final Dividend (Voting & Non Voting)Financial Year:- 2008Date to be notified

24-Apr-2009 RIGHTS ISSUE WITH WARRANTS ATTACHED – Environmental Resources Investment PLC

Proportion:- Three (03) Ordinary Shares for every One (01) existing Ordinary Share held, at a price of Rs.20.00 per share.WARRANTS ISSUE2010 Warrants:- One (01) Warrant for One (01) Right at a price of Rs.22.002011 Warrants:- One (01) Warrant for One (01) Right at a price of Rs.24.00The Current stated capital of the entity is Rs.382,834,600Purpose :- Raising capital for various investment opportunities that meet with the company’s objectives and risk control thresholds. The Rights Issue and issue of warrants are subject to shareholder approval at a General Meeting.

24-Apr-2009 SERIOUS LOSS OF CAPITAL – Three Acre Farms PLC

The Company has informed CSE the following “we write to inform you that the Board of Directors of Three Acre Farms PLC have decided to summon an Extraordinary General Meeting, to table a Report by the Directors on the Serious Loss of Capital of the Company, in terms of Section 220 of the Companies Act No.7of 2007″.

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