Category: Markets
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Hayleys of Sri Lanka Launches Rs9 Billion Rights Issue Initiative
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FINANCIAL CHRONICLE – Hayleys Plc, a prominent company in Sri Lanka, has announced plans to generate 9 billion rupees through a rights issue. This initiative involves the issuance of 3 new ordinary voting shares for every 50 existing ones. According to a filing with the stock exchange, the shares are priced at 200 rupees each.
