Category: Markets
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Sri Lanka’s Durdans announces share sub division
FINANCIAL CHRONICLE – Ceylon Hospitals (Durdans) in Sri Lanka has announced plans to seek shareholder approval for a share sub-division. This initiative will involve splitting both voting and non-voting shares into four parts. According to a stock exchange filing, the subdivision will increase the number of voting shares from 31,762,723 to 127,050,892. Similarly, the non-voting