LBO Home IndoChina | About Us | To Advertise | Contact Us rss LBO Mobil rss rss rss rss rss
Fri, 18 January 2019 01:49:27
Sri Lanka's Tess Agro in Rs117mn cash call
18 Sep, 2013 12:26:23
Sept 18, 2013 (LBO) - Sri Lanka's Tess Agro, a fish exporter has made a 117 million rupee cash call to finance a European marketing arm and a domestic project.
The Tess Agro said it wants to sell 60 million ordinary shares at 1.50 rupees to shareholders at the rate of one for every three existing ones.

Another 30 million non-voting shares will be sold at the rate of one for every six existing shares for 90 cents a share.

The firm said the money will be used to fund a marketing arm in Belgium and a project to build facilities in Sri Lanka's Muthurajawela area.

Bookmark and Share
Your Comment
Your Name/Handle
Your Email (Your email will not be displayed)
Your Email
Receivers Email
Your Comment