is adam investment buying PCH also ?

Malika1990 wrote:PCH HOLDINGS - CORPORATE DISCLOSURE
http://www.cse.lk/cmt/upload_cse_announcements/1571404444900_.pdf

SHARK wrote:

Malika1990 wrote:PCH HOLDINGS - CORPORATE DISCLOSURE
http://www.cse.lk/cmt/upload_cse_announcements/1571404444900_.pdf

But we are discussing PCH know ?

SHARK wrote:Thanks Malika, I noticed that section you highlighted. The BLC is a subsidiary of PCHH. The proceeds technically should come through related party transaction may come to PC House, am I right ? And the money would be used to clear PC House Properties tied up in Banks.

In the FS of PCHH, I do not see the connection between PCH as a Subsidiary of PCHH.

Any How they are part of the Group I presume, So that could be a reason for the late clearing & collection of PCH shares at 40c, giving new life for the company and PCHH last Friday. There seem to have collateral impact on the entire Group.

In this case the beneficiary party is PCH surviving current phase of uncertainty mainly.

I am of the view PCH will appreciate and rise in similar fashion of PCHH and PCP. AINV may increase its stake at the expense of Rishan, and would want to clear all or urgent, pending cases of Dues to Banks and State from the proceeds.

After the share price rise, will they go for another RIGHTS issue ?
These are hypothetical observations on the entire take.

SHARK wrote:From the Initial observation EPF stake could be another one looking for an exit, so when the elections are getting nearer, The big boys wants to show a turnaround in many EPF shady investments.
And PCH is one of them from Many ....