Friday Dec 27, 2024
Friday Dec 27, 2024
Friday, 27 December 2024 00:02 - - {{hitsCtrl.values.hits}}
The Board of Directors of Sunshine Holdings PLC has approved a share sub division of one into four.
At present the number of shares in issue 492 million shares and post sub division it will increase to 1.97 billion shares.
The stated capital of Rs. 4.24 billion will remain unchanged following the subdivision.
This proposal is subject to shareholder approval at the General Meeting and regulatory clearance from the Colombo Stock Exchange (CSE).
Post announcement, Sunshine Holdings shares price yesterday closed at Rs. 94.50, up by 11% or Rs. 9.50
