Thursday Nov 14, 2024
Thursday Nov 14, 2024
Friday, 6 November 2020 00:30 - - {{hitsCtrl.values.hits}}
Premier blue chip JKH has seen the emergence of two new entities in its latest list of top 20 shareholders.
As at 30 September 2020, Sisil Investment Holdings Ltd. with 12 million shares of near 1% is ranked at number 17 and Don and Don Holdings Ltd. with 11.6 million shares is at number 20. A year ago they didn’t figure in the top 20 list nor in the first quarter ended on 30 June 2020.
Sisil is a local company set up by a Singapore-based investor whilst Don and Don is a local entity and analysts speculate they are related parties.
State-fund Sri Lanka Insurance Corporation appears to have sold out of JKH. In June quarter it held 14.6 million shares of JKH or 1.1% but doesn’t figure in the September 2020 top 20 list.
High net worth individual investor Rusi Captain’s personal stake in JKH has also increased between June and September from 15 million shares or 1.1% stake in June and ranked at number 16 to 25.6 million shares or 1.9% stake and moved up to eighth biggest shareholder.
His father Sohli Captain remains the single largest shareholder at JKH with an 11.6% stake or 152.8 million shares whilst related party Paints & General Industries is the fourth largest with a 7% stake. Business tycoon Harry Jayawardena-controlled Melstacorp Plc is the third largest with a 9.8% stake.
