Sri Lanka Stock Picks

Sri Lanka stock picks site has been developed to give first hand information with regard to share trading opportunities available for investors who do not like go through lengthy research reports, calculations,etc but to have a clear idea about stocks that have future up side potential.Our service is just not for day traders but for the investors who wish to see their money growing in the long run.Our main objective is to provide information relating to trading under one roof.

Thursday, December 10, 2009

RENUKA AGRI FOODS - BASIS OF ALLOTTMENT

Renuka Agri Foods to give 10,000 shares minimum to all investors.
Investors who applied over 10000 will get 10000+ 5.99%

As Managers and Registrars to the Renuka Agri Foods Limited (RAFL) Initial Public Offer (IPO) of 120 million shares of LKR2.25, Merchant Bank of Sri Lanka PLC (MBSL) yesterday announced the basis of allotment for the initial offer. We consider the allotment basis announced by the Board of Directors of RAFL is an equitable basis of allotment for all types of shareholders.

source-www.dailymirror.lk