ASPI:

6,413.68

S&P SL20:

3,733.10

Share Volume:

14,135,452

Turnover (LKR):

596,368,512

ASPI

6,413.68

-42.43

-0.66%

S&P SL20

3,733.10

-19.27

-0.51%

Buying Rate (LKR)

Selling Rate (LKR)

Forex Exchange for Front





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EconomyNext – Thailand’s Group Lease buys 30-pct stake in Sri Lanka’s Commercial Credit in Rs10bn deal



ECONOMYNEXT – Thailand’s Group Lease Holdings bought a 30% stake in Sri Lanka’s Commercial Credit and Finance at Rs111 a share in a Rs10.6 billion deal, a stock exchange filing said.

Stock brokers Asia Securities said its client Group Lease Holdings bought 95,390.500 shares of Commercial Credit and Finance, a 29.99% stake.

Commercial Credit and Finance closed at Rs60.60 Thursday after trading in the Rs60.30-67 range.

The deal was the largest transaction on the Colombo bourse since March 2012.

Asia Securities handled the entire buy side and almost 80% of the sell side of the deal, giving it a leading market share for foreign trading, sources said.

(COLOMBO, Dec 08, 2016)
SOURCE: http://www.economynext.com/Thailand_s_Group_Lease_buys_30_pct_stake_in_Sri_Lanka_s_Commercial_Credit_in_Rs10bn_deal-3-6828-.html


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