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.. 
Home
WATAPOTA INVESTMENTS PLC (WAPO) to raise Rs 500 mn by way of a rights issue as per the announcement made to the Colombo Stock Exchange (CSE).
The initial announcement was made on 10th January 2010 indicating that WAPO will issue Seventy Five (75) new ordinary shares for every two (02) shares at an Issue Price Rs.20/- per share.
Accordingly a total of 25,162,800 new ordinary shares will be issued subject to the approval of the shareholders at an Extra Ordinary General Meeting (EGM) to be held on 18th February 2011.
WAPO with the current issued capital of 670,000 shares is one of the most illiquid companies listed on the Colombo Stock Exchange and the proposed rights issue of shares is expected increase liquidity of the share significantly.
The initial announcement was made on 10th January 2010 indicating that WAPO will issue Seventy Five (75) new ordinary shares for every two (02) shares at an Issue Price Rs.20/- per share.
Accordingly a total of 25,162,800 new ordinary shares will be issued subject to the approval of the shareholders at an Extra Ordinary General Meeting (EGM) to be held on 18th February 2011.
WAPO with the current issued capital of 670,000 shares is one of the most illiquid companies listed on the Colombo Stock Exchange and the proposed rights issue of shares is expected increase liquidity of the share significantly.
