FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by D.G.Dayaratne Today at 7:28 am

» hSenid Business Solutions(HBS)
by K.R Fri May 17, 2024 9:08 am

» CBSL Pension Fund vs EPF
by God Father Thu May 16, 2024 9:13 am

» EXPO.N - Expo Lanka Holdings De-Listing
by thankrishan Wed May 15, 2024 1:58 pm

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

HUNAS FALLS HOTELS PLC (HUNA.N0000)

+5
Jay-Jay
කොටස් වෙළඳපොළ2020
Miss-Sangeetha
ruwan326
charithaa
9 posters

Go down  Message [Page 1 of 1]

1HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty DOES HUNA.n0000 has value of 160/= Wed Jan 09, 2019 11:48 am

charithaa


Senior Equity Analytic
Senior Equity Analytic

huna.n000 net asset value is 64/=. The deal is not yet confirmed, even though it is confirmed will they offer any price around 160/=?

2HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Wed Jan 09, 2019 11:53 am

charithaa


Senior Equity Analytic
Senior Equity Analytic

On what proof the price has been going up? What will happen if the deal is not done like EAST.n0000.
Do do your own analysis and trade on this counter.

3HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Wed Jan 09, 2019 11:56 am

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

charithaa wrote:huna.n000 net asset value is 64/=. The deal is not yet confirmed, even though it is confirmed will they offer any price around 160/=?
Welcome to CSE Laughing Laughing Laughing
Most of the counters runs only with deals/news/rumor and manipulation Wink

4HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty HUNAS FALLS HOTELS PLC (HUNA.N0000) Sun Jan 13, 2019 8:35 pm

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

Sri Lankan billionaire Dhammika Perera controlled Hayleys group owned Hunas Falls Hotels PLC said in a disclosure to Colombo Stock Exchange (CSE) that Hayley’s subsidiaries Amaya and Carbotels owned entire shareholding in the hotel amounting to 3,723,820 voting shares (nearly 66.20% stake) will be sold for over Rs. 696.35 million to Serenity Lake Leisure (Pvt) Ltd.

Disclosure said that the two companies owned by Hayleys, Amaya Leisure PLC has 899,000 shares and Carbotels has 2,824,820 shares of Hunas Falls Hotels PLC and had entered into a Share Sale Purchase Agreement on 11th January 2019 (Friday) to sell their entire stake at Rs. 187 per share totaling to over Rs. 696.35 million to Serenity Lake Leisure (Pvt) Ltd.

Hunas Falls Hotels PLC’s iconic property Hunas Falls Hotels is well known in Sri Lanka as famous honeymoon and romantic hotel. According to latest financials of the company (Latest Annual Report 2017/2018) the hotels property has 19 acres, 3 rood and 21 perches totaling to nearly 3181 perches and it states that a perch is valued at Rs. 20,000 making the total property value at Rs. 63.62 million. The Stated Capital of Hunas Falls Hotels PLC as at 30th September 2018 is Rs.82.5 million (30th September 2017 - Rs. 82,500,000/-) comprising 5.625 million fully paid Ordinary shares (30th September 2017 - 5,625,000).

Source:-

http://bizenglish.adaderana.lk/hayleys-controlled-amaya-carbotels-set-price-of-hunas-falls-stake-at-rs-696-35-mn/

කොටස් වෙළඳපොළ2020


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ඇමති බෑනා හුන්නස් ෆෝල්ස් හොටෙල්ස් පීඑල්සී අධ්‍යක්ෂ මණ්ඩලයෙන් ඉවත් වෙයි..
හුන්නස් ෆොල්ස් හොටෙල්ස් පීඑල්සී හි අධ්‍යක්ෂ මණ්ඩලයේ සාමාජිකයෙකු ලෙස කටයුතු කළ ප්‍රභාත් මහේෂ් ඩි අල්විස් මහතා එම ධුරයෙන් ඉල්ලා අස්වී ඇතැයි එම සමාගම නිවේදනයක් මගින් පවසයි. අල්විස් මහතා සමාගමේ විධායක නොවන අධ්‍යක්ෂවරයෙකු ලෙස කටයුතු කළේය.
සමාගම පවසන ආකාරයට 2020 නොවැම්බර් 01 වැනිදා සිට මෙම ඉල්ලා අස්වීම බලාත්මක වී තිබේ. මෙම ඉ වත්වීම සිදුවන අවස්ථාව වනවිට අල්විස් මහතා සතුව සමාගමේ කිසිදු කොටස් හිමිකාරීත්වයක් නොපැවති බවත් හුන්නස් ෆොල්ස් හොටෙල්ස් පීඑල්සී සමාගම සඳහන් කරයි.
HUNAS FALLS HOTELS PLC  (HUNA.N0000) Prabhath-Mahesha
ප්‍රභාත් මහේෂ් ඩි අල්විස් මහතා වත්මන් රජයේ රත්නපුර දිස්ත්‍රික් අමාත්‍යවරයෙකු වන ජෝන් සෙනෙවිරත්න (ඩබ්ලිව් ඩී. ජේ. සෙනෙවිරත්න) මහතාගේ දියණියක වන මහේෂා සෙනෙවිරත්න මහත්මිය හා විවාහ වී සිටියි. දේශපාලනයටද සම්බන්ධ මහතා සබරගමුව ප්‍රාදේශීය සභාවේ සාමාජිකයෙකු ලෙසද කටයුතු කර තිබේ.
මොනෑෂ් විශ්වවිද්‍යාලයෙන් බැංකුකරණය සහ මූල්‍ය පිළිබඳව අධ්‍යාපනය හදාරා ඇති අල්විස් මහතා ඔස්ට්‍රේලියාවේ ෆෙඩරේෂන් විශ්වවිද්‍යාලයෙන් උපායමාර්ගික කළමනාකරණය පිළිබඳ උසස් උපාධියක් හිමි කරගෙන තිබේ. ඒ මහතා පී ඇන්ඩ් එම් ප්ලාන්ටේෂන්ස් පෞද්ගලික  සමාගමේ නිර්මාතෘවරයා මෙන්ම සභාපතිවරයාද වෙයි.
එසේම කැන්ඩල් ලයිට් හෝල්ඩිංග්ස් පෞද්ගලික සමාගම සහ ඇග්‍රි දේශීය පෞද්ගලික සමාගම යනාදියේ නිර්මාතෘවරයාද ඒ මහතා වෙයි. ඊට අමතරව ඒ මහතා TAD ගෘප් ඔෆ් කම්පැනීස්හි ප්‍රධාන විධායක නිලධාරියා ලෙස කටයුතු කරන අතර, TAD Power පෞද්ගලික සමාගමේ අධ්‍යක්ෂ/ප්‍රධාන විධායක නිලධාරීවරයාද වෙයි.

6HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Thu Feb 17, 2022 3:28 pm

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

S S P Corporate Services (Private) Limited

11th January 2022

Dear Sir,

HUNAS FALLS HOTELS PLC PROPOSED SUB-DIVISION OF SHARES

We write to inform you that the Board of Directors of Hunas Falls Hotels PLC have resolved on the 10th January 2022 to effect a sub-division of shares of the Company: We give below the details pertaining to the sub-division.

(i) An extract of the Article that permits the increase of shares (enclosed).

(ii) The proportion in which with reference to the existing shares the increase is to take place by way of a sub-division: That each of the shares of the Company be sub divided into One Hundred Fifty (150) ordinary shares.

(iii) Existing number of shares of the Company and resulting number of shares after subdivision: 5,625,000 Ordinary Shares will be increased to 843,750,000 ordinary shares (iv) There is no change to the Stated Capital.


Note: A resolution is passed to increase the current stated capital of LKR 82,500,000/- by LKR 4,254,073,000/-, which shall bring the total stated capital to LKR 4,336,573,000/- at the EGM that is to be held on 13th January 2022. The sub-division will be based on the increased stated capital. Cont'd……2 Branch Office: 101, Inner Flower Road, Colombo 03, Sri Lanka Tel : 94-11-2573894 Fax : 94-11-2573609 E-mail : sspsec@sltnet.lk S S P Corporate Services (Private) Limited (v) “The increase of shares by way of a sub-division is subject to shareholder approval at an Extraordinary General Meeting by way of a Special resolution.” Yours truly, For and on behalf of Hunas Falls Hotels PLC S S P CORPORATE SERVICES (PRIVATE) LIMITED SECRETARIES

Sapudev

Sapudev
Equity Analytic
Equity Analytic

Hunas Holdings PLC becomes Sri Lanka’s newest listed diversified conglomerate



Hunas Holdings PLC, previously known as Hunas Falls Hotels PLC, has officially become Sri Lanka’s newest listed diversified conglomerate.
This follows Serenity Lake Leisure (Pvt) Ltd., a fully-owned subsidiary of the TAD Group of Companies, infusing the then Hunas Falls Hotels with Rs. 4.25 billion in capital in January 2022, by transferring its ownership stakes in 11 companies to the latter.
This marked the first time in the country’s history in which such a transaction had been carried out without any dilution of the company’s minority interest, setting a new benchmark in good corporate governance and corporate responsibility in the Sri Lankan stock market. The move greatly benefited the company’s minority shareholders, who currently account for 6.5% of the company’s ownership, who saw vast appreciation in the value of their shareholdings.
Hunas Holdings PLC now holds 11 assets in renewable energy, real estate, tea (plantations, factories and in tea brokering) and hospitality/leisure sectors. In addition to strengthening the company through diversification, which adds multiple new revenue streams, the capital infusion also augments and expands Hunas Holdings PLC’s asset base. Furthermore, the increase in the consolidated asset base will facilitate the company’s future expansions as well, by making it easier to raise funds through borrowings for potential future developments, investments and acquisitions.
“Hunas Holdings PLC envisions becoming a leader in sustainable and ethical business in Sri Lanka,” Hunas Holdings PLC Director, Pravini Wickramanayke said. “Through the manner in which the capital infusion was carried out, by protecting the interests of the minority shareholders, we have demonstrated our strong commitment to ‘walk the talk’ in terms of upholding the highest standards of corporate governance and ethical business.”
“Despite challenges, the Sri Lankan economy has vast untapped potential and Hunas Holdings PLC will help realise these opportunities,” Wickramanayke added. “For this purpose, we will leverage our strong partnerships with reputed foreign investors, to bring in Foreign Direct Investments (FDIs) into the country, which can add substantial impetus to Sri Lanka’s growth prospects.”
The companies which form the diversified portfolio of Hunas Holdings PLC are; Hunas Properties (Pvt) Ltd. (100%), Boulder Gardens (Pvt) Ltd. (90%), Rainforest Hotels (Pvt) Ltd. (90%), Suriyakanda Plantations (Pvt) Ltd. (100%), Rainforest Tea Factory (Pvt) Ltd. (90%), Amunumulla Suhada Electricity Generation Company (Pvt) Ltd. (100%), Sustainable Energy Holdings  (Pvt) Ltd. (100%), Mercantile Produce Brokers (Pvt) Ltd. (20%), Weswin Power Galaha (Pvt) Ltd. (20%), Eratne Power Company (Pvt) Ltd. (30%) and Kuruganga Hydro (Pvt) Ltd. (19%).




http://bizenglish.adaderana.lk/hunas-holdings-plc-becomes-sri-lankas-newest-listed-diversified-conglomerate/

8HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Fri Feb 18, 2022 3:52 pm

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

Key points to make a note of,


HUNA is not just a hotel anymore.


HUNA is a holding company, 



HUNA is into power and energy sector.

HUNA is into plantation sector also.

Beyondsenses likes this post

9HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Fri Feb 18, 2022 8:42 pm

Equity Master


Senior Equity Analytic
Senior Equity Analytic

Jay-Jay wrote:Key points to make a note of,


HUNA is not just a hotel anymore.


HUNA is a holding company, 



HUNA is into power and energy sector.

HUNA is into plantation sector also.
I have seen their financial performance, they have gained net loss since last few years. I believe their share price will drop to single digit after the subdivision. They have mentioned share price near Rs160 before the subdivision and current price near Rs2500. Someone should need to know worth of share price of the company before buy it, so my point of view if I buy the HUNA share after subdivision my share price would be Rs1. Laughing Laughing Laughing Laughing

nigma likes this post

10HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Fri Feb 18, 2022 11:31 pm

dhanushkacse


Equity Analytic
Equity Analytic

Equity Master wrote:
Jay-Jay wrote:Key points to make a note of,


HUNA is not just a hotel anymore.


HUNA is a holding company, 



HUNA is into power and energy sector.

HUNA is into plantation sector also.
I have seen their financial performance, they have gained net loss since last few years. I believe their share price will drop to single digit after the subdivision. They have mentioned share price near Rs160 before the subdivision and current price near Rs2500. Someone should need to know worth of share price of the company before buy it, so my point of view if I buy the HUNA share after subdivision my share price would be Rs1. Laughing Laughing Laughing Laughing
Agreed, but remember hotel sector continuously earn negative earnings since 2019. So as a hotel counter only hunnas earn negative is acceptable. But as a holding expect hunnas clear growth and rising of tourism can fast track it.

11HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Mon Feb 21, 2022 8:48 pm

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

HUNA is not a Hotel.

HUNA has evolved to a " HOLDING COMPANY "

80%  owned by a Japanese company.

12HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Tue Feb 22, 2022 1:02 pm

Sapudev

Sapudev
Equity Analytic
Equity Analytic

Jay-Jay wrote:HUNA is not a Hotel.

HUNA has evolved to a " HOLDING COMPANY "

80%  owned by a Japanese company.



Correct.   HUNA owns 11 Subsidiaries.

13HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Wed Feb 23, 2022 9:31 pm

Jay-Jay

Jay-Jay
Manager - Equity Analytics
Manager - Equity Analytics

HUNA expansion drive of Renewable Energy towards 100 Mw  will make HUNA a giant in Power &  Energy sector.  The revenue generated from the energy sector will boost EPS of HUNA to a very healthy level in coming days,

14HUNAS FALLS HOTELS PLC  (HUNA.N0000) Empty Re: HUNAS FALLS HOTELS PLC (HUNA.N0000) Fri Dec 23, 2022 8:56 am

God Father


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

This is the most overvalued hotel stock. Beware and pls look at the latest financial statement, EPS and NAV before investing. Trading at more than 7 times of the book value.
Read full Report: https://www.srilankachronicle.com/t62853-beware-hunas-holdings-plc-one-of-the-most-overvalued-stock#406113

HUNAS FALLS HOTELS PLC  (HUNA.N0000) Scree205
https://cdn.cse.lk/cmt/upload_report_file/546_1669023227213.pdf

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum