Sri Lanka’s HNB offers 4.4 mnl shares to investors

HNB

Aug 15, 2017 (LBO) - Sri Lanka's Hatton National Bank said it was offering 4.

4 million shares, which were under subscribed earlier to potential investors. To boost capital, the bank offered 56 million voting shares at 220 rupees and 14.
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09 million non-voting shares at 190 rupees to raise 12.
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3 billion rupees 1.8 billion rupees respectively. However, the voting shares received applications for 58.
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4 million shares while the non-voting saw subscriptions for only 9.2 million shares, the bank said in statement to the Colombo Stock Exchange.
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The bank has now said that the stock has been allotted and are calling for potential investors to apply for the additional shares through letters of intimation.

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