Despite challenging business environment:
Arpico Finance records 36 percent growth in 2008-2009
Arpico Finance PLC achieved 36 percent growth in
2008-2009 compared to the preceding year with a total income of Rs.
319 million, an increase of Rs. 85 million over the previous year.
Move to save forex:
Rice flour bread soon
Bread made out of wheat flour will be replaced
soon by popularizing bread made out of rice to save foreign exchange
and take the country forward, Chairman Maubima Lanka Foundation,
Ariyaseela Wickramanayake told Daily News Business.
Discounts an added attraction:
Colombo Book Fair best in 11 years
The response to the Colombo International Book
Fair 2009 is fantastic and this is the best year in its 11-year
history. There were over 250,000 visitors to the Fair in the first
two days, said Vijitha Yapa, General Manager Lakshman Siriwardhana.
Seylan Bank Public Share Issue opens today
54,290,000 Ordinary (Voting) Shares on offer:
The Public Share Issue of the Seylan Bank opens
today with 54,290,000 Ordinary (Voting) Shares at Rs. 35 per share
on offer.Under a separate Private Placement, the Bank of Ceylon and
Sri Lanka Insurance Corporation have already been allocated 13
million and 19.15 million Ordinary (Voting) Shares, thus totalling
25 percent of the increased capital. The National Savings Bank
already holds a 3.5 percent stake in Seylan Bank.