MTD WALKERS PLC (KAPI.N0000)

Capton KIng Cool · **176** KAPI (MDT Walkers PLc) Mon Sep 09, 2019 1:54 pm

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MDT Walkers Has a announcement to CSE and One His former director is negotiating with Parent MDT Capital.PhD to purchase entire shares.

samaritan · **177** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 8:56 am

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According to today's Island the potential investor is Ravi Wijeratne. Won't be surprised if the construction giant is revived under the leadership of Gota who had already planned to fast track Development & investments once elected as president. good times are ahead!
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=210314

Winner123 · **178** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 9:15 am

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Absolutely

Kaish86 · **179** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 10:27 am

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How is the price of mandatory offer calculated. And what would be the price in kapi??

samaritan · **180** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 12:58 pm

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Kaish86 wrote:How is the price of mandatory offer calculated. And what would be the price in kapi??

Details not known as yet.

ANTON1234 · **181** Re: MTD WALKERS PLC (KAPI.N0000) Tue Sep 10, 2019 11:51 pm

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How much the UBC can move

samaritan · **182** Re: MTD WALKERS PLC (KAPI.N0000) Thu Sep 12, 2019 9:10 am

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An astute businessman Ravi Wijeratne's move to takeover MTD Walkers is based on anticipated boom in the construction industry.
The Company's reported NAV per share as at 31st March 2019 was Rs 8/83.

reyaz · **183** Re: MTD WALKERS PLC (KAPI.N0000) Mon Sep 16, 2019 6:27 pm

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Isn't this overrated?

samaritan · **184** Re: MTD WALKERS PLC (KAPI.N0000) Mon Sep 16, 2019 7:12 pm

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This is not based on hearsay & gossip.

Quibit · **185** Re: MTD WALKERS PLC (KAPI.N0000) Wed Feb 19, 2020 10:55 pm

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c

Teller · **186** Re: MTD WALKERS PLC (KAPI.N0000) Fri Feb 21, 2020 11:08 am

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How many times , i gave my red alerts. Greedy investors never see the risk. They think always about oppORTUNITIES. Finally no way....

Enoka Fernandez · **187** MTD Walkers. Mon Aug 24, 2020 7:11 pm

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21st of August 2020

Mr. Renuka Wijayawardhane Chief Regulatory Officer, Colombo Stock Exchange (CSE), No. 04 – 01, West Block, World Trade Centre, Echelon Square, Colombo 01.

Dear Sir,

MTD WALKERS PLC (“THE ENTITY”) CORPORATE DISCLOSURE IN TERMS OF SECTION 8 OF THE LISTING RULES OF THE COLOMBO STOCK EXCHANGE (CSE)

We write to communicate to you that Lakma Holdings (Private) Limited has agreed with MTD Capital BHD of Malaysia (the major shareholder of the Entity), to purchase their shareholding of 152,183,583 shares, in entirety, which constitutes 90.78% of the issued shares of the Company subject to a legal due diligence and a financial due diligence by two independent expert firms appointed by Lakma Holdings (Private) Limited, and the Share Sale & Purchase Agreement (SSPA) dated 20th August 2020 has been executed subject to the said due diligence by and between MTD Capital BHD of Malaysia and Lakma Holdings (Private) Limited in support of this purchase.

Yours faithfully, BY THE ORDER OF THE BOARD

Ms. P. S. Attygalle, Company Secretary

SUSPENS · **188** Re: MTD WALKERS PLC (KAPI.N0000) Mon Aug 24, 2020 7:19 pm

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We have some quantity...what will be the result ????

soileconomy · **189** Re: MTD WALKERS PLC (KAPI.N0000) Tue Aug 25, 2020 7:52 am

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New investor will make an offer. Heighst price they buy .(since it is above 30⁹%)

samaritan · **190** Re: MTD WALKERS PLC (KAPI.N0000) Tue Aug 25, 2020 9:59 am

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MTD Walkers a construction sector conglomerate with 26 subsidiary companies including Shipyards, Power plant,Piling, Equipment & Engineering services, Leisure & property sectors is expected to make a come back under the leadership of Dr.Arosha Fernando whose flagship investment company Lakma Holdings based in the UK is planning to acquire another construction company, automobile manufacturing firm, telecom service provider, a five star and a resort hotel in order to become a leading conglomerate in Sri Lanka.

A restructure of Walker Group is in the pipeline with the intention of settling all debts in stages. There may be assurance from the Govt to settle dues to Walkers as the company has the potential to contribute in a big way to make the Govt's mega infrastructure plans a reality in the backdrop of a decision by the govt to award construction work to local companies.