Sri Lanka Finlay’s get regulator nod for delisting


Dec 22, 2015 (LBO) – Finlay’s Sri Lanka unit, a blender and packager of tea exports has received the approval of the Securities and Exchange Commission to delist its ordinary shares from the Colombo Stock Exchange, a statement said..

“The offer documents on the exit offer to be made by James Finlay Ltd. of London and then will be sent to the rest of the shareholders in due course,” the company said in a stock exchange filling.

In an earlier statement the Company said that has made arrangements for James Finlay Ltd. of Swire House, London to buy shares from shareholders at 302 rupees a share.