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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Ceylinco Insurance and Lalith’s Blue Diamonds stakes down

Ceylinco Insurance and Lalith’s Blue Diamonds stakes down

3 posters

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windi5

windi5
Moderator
Moderator

Both Ceylinco Insurance Company PLC and Mr. Lalith Kotelawala have reduced their voting shareholdings in Blue Diamonds Jewellery Worldwide PLC between 2010/11 according to information published in the annual report of the company.

Ceylinco Insurance remains the largest shareholder of Blue Diamonds with nearly 1.5 million shares comprising 5.24% of the company’s equity as at March 31, 2011, down from nearly 7.3 million shares(12.29%) a year earlier.

Kotelawala with 819,916 shares held 0.79% of Blue Diamonds as at March 31, 2011 against slightly over 1.1 million shares (1.90%) a year earlier.

Among the non-voting shareholders, the Golden Key Credit Co. Ltd. held nearly 2.8 million shares (1.80%) of Blue Diamonds, down from nearly 2.8 million shares (2.7%) it had held a year earlier.

Among the 20 largest non-voting shareholders of the company is Ceylinco Capital Investment Co. (Pvt) Ltd. With slightly over 1.7 million shares (1.12%), down from the same number of shares which comprised 1.68% of the company prior to a rights issue that had been floated during the last financial year.

The rights issue was under-subscribed.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=35952

Dikrukshi

Dikrukshi
Stock Analytic
Stock Analytic

Hi Windi,

This articla gives a wrong pic about theblue share holdings.. this was the shareholding structure as at 31st march 2011. (6months back). now this has been significantly changed.. try to find out new majour shareholdes as at 30 sep 2011, it will give you the real pic of this...!
Shocked

3Ceylinco Insurance and Lalith’s Blue Diamonds stakes down Empty WHY THIS FORAMPUBLISH THESE LIES ? Sun Oct 02, 2011 9:04 pm

sanjaya351


Manager - Equity Analytics
Manager - Equity Analytics

Dikrukshi wrote:Hi Windi,

This articla gives a wrong pic about theblue share holdings.. this was the shareholding structure as at 31st march 2011. (6months back). now this has been significantly changed.. try to find out new majour shareholdes as at 30 sep 2011, it will give you the real pic of this...!
Shocked

[b][b][b]yes this is wrong ...
CELINCO IS NO MORE A MAJOR SHARE HOLDER ...THIS IS A PART OF A PLANNED GAME OF THE CURRENT BOARD ,,IT WAS PUBLISHED IN THE SUNDAY TIMES ..DONT KNOW HOW MUCH THEY PAID TO GET THIS NEWS ITEMS PUBLISHED IN THE NEWS PAPAERS ..EVEN TODAYS SUNDAY TIMES CARRED A HUGE ARTICLE ABOUT BLUE ...

THEY ALL KNOW THAT THEY HAVE ONLY 07 DAYS ...
COMING FRIDAY ..
THEY WILL LOSSEE CONTROL TO BAT AND SLIC AND TO THE GENERAL PUBLIC ..
ALL SHARE HOLDERS PLS COME FOR THE AGM EXCERESISE YOUR VOTING RIGHTS ..
[/b][/b][/b]

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