Monday, December 13, 2010
Vallibel Finance goes for share split
The Board of Directors of Vallibel Finance Plc has decided to propose to shareholders a sub division of its ordinary shares.
The basis of sub division is one share in to two shares without a change to the stated capital of the company.
Its current shares in issue are 20,775,300 and post sub division will increase to 41,550,600.
The move is subject to shareholder and regulatory approval.
source - www.ft.lk