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The Rs.1.5 billion debenture issue by Singer (Sri Lanka) PLC has been oversubscribed and issue will close at 4.30 pm today as per the Prospectus.
Singer Sri Lanka issued 15 million unsecured redeemable debentures each at the face value of Rs.100.
The basis of allotment will be notified to the Colombo Stock Exchange in due course, the Registrars to the issue said.