Distilleries Company of Sri Lanka PLC, of which Melstacorp PLC owns 99.95% of the issued capital, has announced a subdivision of shares and a subsequent private placement of 1,600,000,000 shares at Rs. 12.50 per share.
This will be issued to this Company against the Rs 20 billion already paid to DCSL PLC as an amount paid pending allotment of shares.
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