Thursday, May 25, 2017

DFCC Bank sells 10 mn ComBank shares for Rs 1,380 mn

DFCC Bank announced it has sold ordinary voting shares amounting to 1.1 8% of the issued voting shares in Commercial Bank of Ceylon PLC yesterday through the Colombo Stock Exchange, with the intention of subscribing to the rights entitlement.

To this end 10,000,000 shares were sold at Rs 138 per share and gross sale proceeds amounted to Rs 1,380 million and the one-off profit aftertax accruing from this transaction is Rs 915 million. 

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