Shares of newly formed Melstacorp limited the holding company of Distilleries will commence trading on the Colombo Stock Exchange from today.
A total of 1,165,397,072 ordinary voting shares to be listed on the main board under the security code of MELS-N-0000 by way of an introduction will be classified under the ‘Diversified Holdings’ sector.
Melstacorp limited further said deposits will be accepted by the CDS with immediate effect.
In September, shareholders of the Distilleries Company approved a special resolution to make Melstacorp the holding company of the group, in a reversal of the structure. IH
0 comments: