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. 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.

According to the firm’s website it is operating three properties in Pasikuda, Nilaveli and Nuwara Eliya and is planning several more.