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Mandatory offer by Brown to purchase Eden Hotels expires

2016-07-26 lankabusinessonline
Jul 26, 2016 (LBO) – The mandatory offer made by Browns Hotels and resorts to purchase all the remaining ordinary shares of Eden Hotel Lanka has expired as of 22 July 2016, a statement said.

Shareholders approve Eden Hotel Lanka rights issue

2016-04-06 lankabusinessonline
Apr 06, 2016 (LBO) – Shareholders of Eden Hotel Lanka today approved a resolution on a rights issue of the company which aimed at repaying part of its outstanding debts.