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In conjunction with the Rights Issue, JKH's Board of Directors has also proposed a Sub-division of shares. Post-Rights Issue, each existing Ordinary Share will be sub-divided into ten new shares, increasing the total number of shares from 1,652,899,552 to 16,528,995,520, assuming full subscription to the Rights Issue. The ‘Cinnamon Life’ hotel, along with its restaurants and banquet facilities, is slated to open in October 2024. The gaming operations and retail mall will commence in phases, with overall completion expected by mid-2025. The Board of Directors of JKH resolved to recommend to shareholders the issuance of 150,263,595 new Ordinary Shares. These shares will be offered on a 1-for-10 basis at a price of Rs.160 per share, potentially raising Rs.24,042,175,200.

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John Keells Holdings PLC (JKH) has revealed a pivotal corporate strategy that includes a Rights Issue of Ordinary Shares, followed by a Share Sub-division. This initiative is aimed at boosting the company’s financial stability and ensuring the successful execution of its ongoing and future projects. Taking into account the fact that the defendants pleaded guilty at the first instance and had no prior preparation for the robbery, the Court decided to give the accused a rehabilitative punishment.

Sanath Jayasuriya Appointed Interim Head Coach of Sri Lanka Cricket Team Until September 2024

Sri Lanka Cricket felicitated the victorious national women's team at a special ceremony held last evening in Colombo. Honorable Minister of Sports and Youth Affairs Harin Fernando took part in the ceremony as the Chief Guest at the invitation of President of... 30th July 2024 Media Release The Sri Lanka Cricket Selection Committee selected the below-given 16-member squad to play in the ODI series of the ongoing India Tour of Sri Lanka 2024. The Honorable Minister of Sports and Youth Affairs, Harin Fernando, approved the... By Srian Obeyesekere New look India outplayed Sri Lanka to a comprehensive 3-0 T20 Series success with the hosts batting vulnerability once again exposed by crashing from a winning 110 for 2 high to being bowled out for 137 in a tied contest that was won by the...

Galle Marvels turn near defeat to super over Galle vs Dambulla Highlights M16 #LPL5

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Both the Rights Issue and the Share Sub-division are contingent on approvals from the Colombo Stock Exchange and JKH shareholders at an upcoming Extraordinary General Meeting. Additionally, adjustments will be made to the outstanding convertible debentures issued by JKH to HWIC Asia Fund to reflect the impact of these corporate actions. The defendants were charged with robbery and aiding and abetting under sections including Section 383 of the Penal Code. Winds will be westerly to south-westerly and wind speed will be (30-40) kmph.

Falcons survive with big win Kandy Falcons vs Dambulla Sixers Highlights Match 18 #LPL5

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  • Accordingly, the trial will be conducted against this accused under Section 241 of the Criminal Procedure Code.

List of New Zealand’s best High-roller casinos that offer big bonuses & rewards. It can take a couple of hours or more to get an email response, but the telephone and live chat support options are generally instant. Melco’s City of Dreams will be the first integrated resort in South Asia and the development aims to capitalise on the growing interest and financial capability of Indian tourists. Additionally, Melco will earn management fees for the Nuwa hotel operations,” Morgan Stanley analysts pointed out.

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The proceeds from the Rights Issue are earmarked for the funding requirements of Waterfront Properties (Private) Limited (WPL), a subsidiary of JKH. WPL is the developer behind the 'City of Dreams Sri Lanka' integrated resort project, formerly known as ‘Cinnamon Life Integrated Resort’. The funds will address the higher-than-anticipated equity funding needs due to delays in the project's cash flow generation, including postponed gaming operations. You can just search for “free slots” into your search bar to receive a plethora of hits.

“Anawaki” is a mobile application powered by the Department of Meteorology Sri Lanka enables you make better preparation for the day in relation to giving location specific, more reliable weather forecasts and information. Check the weather forecast in your location or any location in Sri Lanka in a blink of an eye. Simply know what the weather brings and always prepare for the weather changes. Wind speed can increase up to 50 kmph at times in the sea areas off the coasts extending from Trincomalee to Kankasanthurai via Mullaittivu and Puttalam to Hambantota via Colombo and Galle. Wind speed can increase up to 60 kmph at times in the sea areas off the coasts extending from Kankasanthurai to Puttalam via Mannar and from Hambantota to Pottuvil.

The trial against the third defendant in the case Nalinda Anuruddha Bandara is ongoing. The punishment was given to two defendants, Imran Ismail and Asitha Damitra Liyanage, residents of Kurunduwatte, Colombo. Accordingly, the trial will be conducted against this accused under Section 241 of the Criminal Procedure Code. All the content on this website is copyright protected and can be reproduced only by giving the due courtesy to 'ft.lk' Copyright � 2004 Wijeya Newspapers Ltd. By Srian Obeyesekere Colombo Strikers hit the winning trail again by a comprehensive 7-wicket win over Galle Marvels at the R. Premadasa International Cricket Stadium to staying on course for the Lank Premier League jackpot stakes in coming out of the early slumber of...

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