The Colombo Stock Exchange (CSE) has approved, in-principle, an Application submitted by the Cargills Bank Limited, for the listing of its Ordinary Voting Shares by way of an offer for subscription on either the Main Board or Diri Savi Board of the CSE.
The company plans to issue 62.5 million Ordinary Voting Shares at a price of Rs. 8/- per share. Accordingly Rs. 500 million is planned to be raised by the bank through this IPO.
The subscription list will be opened on 14th December 2023.
