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Saturday, April 30, 2011

Dr. Senthilverl ups SMB Leasing stake

In a filling to the stock exchange, SMB Leasing PLC said that Dr. T. Senthilverl has bought 4.81 million voting shares of the company at Rs. 2 per share. This in turn will increase Dr. Senthilverl’s stake to nearly 25% of issued capital of SMB Leasing.

SMB financials as at 31 December 2010 outlines that, being the largest individual shareholder of the company, Dr. T. Senthilverl held 197.3 million shares amounting 23.88% of issued share capital, and was also the second largest shareholder of SMB Leasing non voting 36 million shares amounting to 6.44%.

source - www.dailymirror.lk