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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Aitken Spence PLC today entered into a joint venture agreement with Fiji Ports Corporation Limited

Aitken Spence PLC today entered into a joint venture agreement with Fiji Ports Corporation Limited

Go down  Message [Page 1 of 1]

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Aitken Spence PLC today entered into a joint venture agreement with Fiji Ports Corporation Limited to purchase 51 per cent of the Fiji Ports Terminal Limited shares at a price of US$10.53 million, the Fijian media said.

With this acquisition, Aitken Spence is expected to increase the efficiency of two Fijian ports -- in Suva and Lautoka.

Aitken Spence Maritime Chairman Parakrama Dissanayake signed the agreement on behalf of company and Commissioner Western Commander Joeli Cawaki signed on behalf of Fiji Terminal Limited.

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
http://www.dailymirror.lk/news/28792-aitken-spence-to-manage-fijian-ports.html

No announcements to the CSE

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
coming soon

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Harry82 you always appear with something good.Will SPEN prvide the momentum to break 6000.?Possible. alien

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
sure

they also do
Aitken Spence Plantation Management Limited, a unit of Sri Lanka's Aitken Spence group will be listed on an introduction process, the Colombo Stock Exchange said.

The firm has been given approval to sell 21.3 million shares in the 'Diri Savi' second board of the stock exchange.
In an introduction process a public subscription of stock is not sought and stocks are expected to be gradually sold down by the promoters.

The Stock Exchange stopped the process last year amid a stock bubble fired by low interest rates, excess liquidity in money markets following widespread manipulation of illiquid stocks coming through introductions.

The CSE said the application was received before April 2012 when the introduction process was discontinued.

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Harry82 wrote:sure

they also do
Aitken Spence Plantation Management Limited, a unit of Sri Lanka's Aitken Spence group will be listed on an introduction process, the Colombo Stock Exchange said.

The firm has been given approval to sell 21.3 million shares in the 'Diri Savi' second board of the stock exchange.
In an introduction process a public subscription of stock is not sought and stocks are expected to be gradually sold down by the promoters.

The Stock Exchange stopped the process last year amid a stock bubble fired by low interest rates, excess liquidity in money markets following widespread manipulation of illiquid stocks coming through introductions.

The CSE said the application was received before April 2012 when the introduction process was discontinued.
It's listed on thursday knw?There will be a big move.People hold it now will be very lucky.

sriranga

sriranga
Co-Admin
Aitken Spence PLC today entered into a joint venture agreement with Fiji Ports Corporation Limited Aitken11

http://www.cse.lk/cmt/upload_cse_announcements/4241367318515_.pdf

http://sharemarket-srilanka.blogspot.co.uk/

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics
good news

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Distilleries Company of Sri Lanka PLC also get benefit from this deal

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