- Last Update 2025-05-14 19:07:00
SLT to issue 90 m new shares in pvt placement
Sri Lanka Telecom (SLT) plans to issue nearly 90 million new ordinary shares, representing 4.74 per cent of the issued shares, through a private placement.
This decision was made by the company’s board of directors at a meeting on August 9, SLT said in an announcement to the Colombo Stock Exchange (CSE). It is based on the need to maintain the CSE’s minimum public shareholding requirement.
Currently the company’s issued capital is Rs, 18 billion represented by 1.8 billion ordinary shares. Funds received from the new allocation of shares will be utilized to structure the debt portfolio of the SLT by refinancing its short-term borrowings.
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- May 9, 2025 - 186 - 0
SLAF Bell 212 crashes into Maduru Oya
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
- May 9, 2025 - 158 - 0
Five killed in helicopter crash
Update: Five of the twelve passengers on board the bell 212 aircraft that crashed into the Maduru Oya today, have succumbed to their injuries, the SLAF said.
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