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GROSS DOMESTIC PRODUCT (GDP)
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SEMB SEMB SEMB Thu Jul 22, 2021 11:19 am
Re: SEMB SEMB SEMB Thu Jul 22, 2021 11:44 am
abey and stockchaser like this post
Re: SEMB SEMB SEMB Thu Jul 22, 2021 6:58 pmharshana4 and stockchaser like this post
Re: SEMB SEMB SEMB Thu Jul 22, 2021 7:58 pm
Re: SEMB SEMB SEMB Thu Jul 22, 2021 9:40 pm
Re: SEMB SEMB SEMB Thu Jul 22, 2021 10:21 pmThe company name will be changed to SMB Finance PLC and the share price to the m__n !st clair's wrote:What would be the impact for the share price if a Company operating as a specialized leasing establishment qualifies to operate as a licensed finance Company?
Post rights issue core capital of the Company approximately LKR. 3.1 Bn., as per CBSL directives to secure the license in order to operate as a licensed finance Company are required to meet the core capital of LKR. 2.5 Bn.
Source: SEMB circular to shareholders dated April 15, 2021/ CBSL Directives
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