Reply To:
Name - Reply Comment
Last Updated : 2024-04-27 04:40:00
State-owned Sri Lanka Insurance Corporation (SLIC) yesterday sold its entire 12.14 percent stake in Tess Agro PLC, a fish exporter, in a deal worth Rs.57.7 million. As at December 31, 2015, as the second single largest shareholder, SLIC held 33.99 million shares of Tess Agro PLC. The shares were divested at Rs.1.70 each.
A stock market filing said the buyer of the shares was an individual named K.Gajanthan. These Tess Agro shares were bought by SLIC in 2011, when it bought a 16 percent stake in the company. At the end of the day’s trading, 37.19 million Tess Agro shares had traded. For the nine months ended December 31, 2015, Tess Agro narrowed its net loss to Rs.2.72 million from Rs.33.27 million reported for the same period of the previous year.
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
US authorities are currently reviewing the manifest of every cargo aboard MV
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul
26 Apr 2024
26 Apr 2024