Sri Lanka’s Janashakthi Insurance to raise Rs 3.3bn through rights issue

Aug 20, 2015 (LBO) – Sri Lankan insurance player Janashakthi is to raise 3.3 billion rupees by way of a rights issue, the company said in a stock exchange filing. Subject to the necessary approvals, the company is to issue 181.5 million ordinary shares at 18.50 rupees each in the ratio of one for every […]