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How do you think the market will respond to this announcement?Eugine Fernando wrote:SEC HAS APPROVED THE RESTRUCTURE PROGRAM TODAY., MOST PROBABLY ANNOUNCEMENT WILL COME SOON, WATCHOUT C.I.T.W, CITH,AND REEF.![]()
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DP has already bought CITW @ 4/50 and the company has fixed 24/= for CITH so workout accordingly...GDglad wrote:How do you think the market will respond to this announcement?Eugine Fernando wrote:SEC HAS APPROVED THE RESTRUCTURE PROGRAM TODAY., MOST PROBABLY ANNOUNCEMENT WILL COME SOON, WATCHOUT C.I.T.W, CITH,AND REEF.![]()
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It will be under CITH i guess. ( CITH will inherent the both assets & liabilities of CITK and Pasikuda beach resort as well)Elahara wrote:Any news about CITK ?![]()
I TOLD YOU IN ADVANCE WHO EVER BOUGHT ARE WINNERSEugine Fernando wrote:SEC HAS APPROVED THE RESTRUCTURE PROGRAM TODAY., MOST PROBABLY ANNOUNCEMENT WILL COME SOON, WATCHOUT C.I.T.W, CITH,AND REEF.![]()
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C.I.T.K will not trade anymore, after the Amalgamation you will get 5 C.I.T.H shares for 12 C.I.T.K shares, no need to pay anything extra.TuTanKaman wrote:Private placement. Does that mean that citk holders have to pay an additional amount???? Further can this shares be traded in CSE after private placement
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