Overseas Realty Ceylon to raise Rs7.3bn through rights issue

Overseas Realty to raise Rs7.3bn in rights issue for Havelock City

Sept 26, 2016 (LBO) – Sri Lanka’s Overseas Realty is to raise 7.3 billion rupees by way of a rights issue, the company said in a stock exchange filing. The company is to issue 355 million new ordinary shares at 20.50 rupees each in the ratio of two new shares for every five shares held. […]