Sri Lanka’s Anilana Resorts in public offer

May 30, 2013 (LBO) - Anilana Hotels and Properties Limited has been given the nod to raise up to 960 million rupees through a public issue of shares, the Colombo Stock Exchange said.
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The firm will offer 40 million ordinary shares at 12 rupees a share to raise 480 million rupees and go up to 80 million shares if the first tranche is oversubscribed.

Subscriptions will open on June 12.
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According to the firm's website it is operating three properties in Pasikuda, Nilaveli and Nuwara Eliya and is planning several more. .