FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

CIC yet to receive over Rs.283 million from Paints & General Industries Vote_lcap68%CIC yet to receive over Rs.283 million from Paints & General Industries Vote_rcap 68% [ 178 ]
CIC yet to receive over Rs.283 million from Paints & General Industries Vote_lcap18%CIC yet to receive over Rs.283 million from Paints & General Industries Vote_rcap 18% [ 47 ]
CIC yet to receive over Rs.283 million from Paints & General Industries Vote_lcap13%CIC yet to receive over Rs.283 million from Paints & General Industries Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» NAMU/WATA super gain
by Kaptivajkss Today at 12:43 am

» LOFC Direction
by RAVI1980 Yesterday at 9:47 pm

» BAIRAHA FARMS PLC (BFL.N0000)
by Pbv Yesterday at 9:33 pm

» Bloodbath is Coming ? Correction is Coming ? අලුත් ගෲප් හදාගෙන අපි genuine කියලා එන පරණ මහත්(හොරුන්) වරුන් ගෙන් බේරෙන්න
by stockchaser Yesterday at 9:32 pm

» LANKA REALTY INVESTMENTS PLC -ASCO
by Pbv Yesterday at 9:16 pm

» LOLC waiting for LOFC 100+ and CLC 100+
by Sapudev Yesterday at 9:15 pm

» Key Plantation Company Fair Values - KOTA, TPL and KVAL with very High Upside
by Kaptivajkss Yesterday at 8:31 pm

» LLUB comparison between 2016- 2021 Same EPS Trading at Huge discount
by Kaptivajkss Yesterday at 8:11 pm

» TILE / LWL / RCL
by Thushara Ayya Yesterday at 5:16 pm

» HSenid IPO
by rukshan1234 Yesterday at 5:14 pm

» Month end impact on LOFC and CLC
by Swissinvest Yesterday at 3:05 pm

» Water For All - CIND
by ErangaDS Yesterday at 2:20 pm

» U.S. inflation is one of the highest in the world
by ResearchMan Yesterday at 2:09 pm

» Oil Plummets
by ResearchMan Yesterday at 2:07 pm

» ASPI Trend
by hotstock Yesterday at 12:45 pm

» GEMS at LOW price TYRE. RICH.
by Chathur Yesterday at 11:30 am

» KOTAGALA PLANTATION PLC (KOTA.N0000)
by jehan008 Fri Nov 26, 2021 11:36 pm

» HEMAS HOLDINGS PLC (HHL.N0000)
by LAMDA Fri Nov 26, 2021 11:35 pm

» CFLB hidden gem
by LAMDA Fri Nov 26, 2021 11:34 pm

» Hidden Gem - GLAS - 40/- Soon
by LAMDA Fri Nov 26, 2021 11:29 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » CIC yet to receive over Rs.283 million from Paints & General Industries

CIC yet to receive over Rs.283 million from Paints & General Industries

Go down  Message [Page 1 of 1]

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

May 23, 2012 (LBT) - CIC Holdings PLC (CIC) in a filling to Colombo Bourse today said that company is yet to receive nearly Rs.283.07 million from Paints & General Industries as per the financials of 31 March 2012.

Accordingly the filing said that via the technology acquired from Imperial Chemical Industries (ICI) of Britain, CIC manufactures latex a major raw material used for paint manufacturing, and latex is supplied to Paints & General Industries Ltd on credit terms. The company added in its disclosure that it had invoiced Rs.535.87 million till 31 March 2012 and the outstanding as at that date is Rs.283.07 million.

CIC yet to receive over Rs.283 million from Paints & General Industries Cicp

The disclosure said that it is a related party transaction since Rusi S. Captain is a common Director at both CIC Holdings PLC and its largest shareholder Paints & General Industries Ltd. Company added that the disclosure is in compliance with Section 8 of the (Corporate Disclosure) of the listing rules that directs a listed entity to disclose related party transaction that exceeds 10% of Equity or 5% of the total assets of the entity.
http://lbt.lk/corporate/announcements/1915-receivables

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum