CIRCULAR TO SHAREHOLDERS - RIGHTS Issue
Filed with CSE · · 7 pages · English
Summary by 6ix AI
Senkadagala Finance PLC has issued a circular to shareholders regarding a rights issue of new ordinary voting shares at a specified price per share. The objective of this rights issue is to enhance the company's capital adequacy and support its lending activities. The funds raised will be utilized for increasing the loan book and will be invested in short-term instruments until used. The company has obtained necessary approvals for the rights issue and outlines the process for shareholders to accept their provisional allotments.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Senkadagala Finance PLC on 6ix
Earlier from Senkadagala Finance
- Demise of a director
- Extension of timeline for submission of interim financial statements for the quarter ended 30th June 2020
- Corporate disclosure
- Senkadagala Finance buys Candor Asset Management
- Debenture issue 2019
Later from Senkadagala Finance
- Notification on Listing of shares - Rights Issue
- Retirement of a director - mr. d t p collure
- Suplementary notice for AGM
- Rights issue dates
- Rights issue 2021
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