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Newly listed Melstacorp wants to blend revenue streams

2016-12-30 lankabusinessonline
Dec 30, 2016 (LBO) – Sri Lanka’s newly listed Melstacorp is to blend the revenue streams the group receives through its different sources to ensure an appropriate blend, Managing Director Amitha Gooneratne said.

Sri Lanka Melstacorp share trading commences from tomorrow

2016-12-29 lankabusinessonline
Dec 29, 2016 (LBO) – Sri Lanka’s newly formed Melstacorp, the holding company of Distilleries, said its shares will commence trading on the Colombo Stock Exchange from tomorrow.

Browns Beach Hotels to raise Rs1.4bn through rights issue

2016-08-23 lankabusinessonline
Aug 23, 2016 (LBO) – Sri Lanka’s Browns Beach Hotels is to raise 1.4 billion rupees by way of a rights issue subject to necessary approvals, the company said in a stock exchange filing.

Melstacorp becomes the parent company of DCSL PLC

Distilleries Company of Sri Lanka PLC (DCSL) announced a reorganization of the Shares and Stated Capital of DCSL and its fully owned subsidiary Melstacorp Limited (Melstacorp) in a Colombo Stock Exchange announcement. According to the announcement Melstacorp limited which will become the parent company of DCSL PLC and other subsidiaries of the current DCSL Group.

Despite Market Wobble, Pharma Still A Winner In 2015

2016-01-05 seekingalpha
You cannot stop the biotech bull market- you can only hope to contain it. That was the lesson of 2015, which saw the incredible run of big and small biopharma g