BPPL IPO to raise Rs 368 million

 

BPPL Holdings will raise Rs 368 million by way of an Initial Public Offering (IPO) and has received the Colombo Stock Exchange approval to list its shares on the Diri Savi Board. BPPL will issue 30,685,000 ordinary voting shares at a price of Rs 12 per share and the subscription list will be open on March 7,2017. 

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