
Rating Review
Filed with CSE ·
On 6ix: 6ix.com/news/rating-review-15
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Earlier from Singhe Hospitals
- Non-compliance of minimum public holding requirements
- Emphasis of matter on going concern in the audited financial statements of the annual reports for the year ended 31st March 2021 and 31st March 2020.
- Transfer of securities listed on the main board to diri savi board
- Mandatory offer by hnb finance plc to purchase all the remaining issued and paid up ordinary shares of prime finance plc
- Debenture issue
Later from Singhe Hospitals
- Changes to the Composition of the Board Committees
- Retirement of Mr. Indrajit Asela Wickramasinghe, Director / Chief Executive Officer
- Extension of Exit Offer
- The Company’s stated capital of Rs.914,351,790/- represented by 431,300,895 fully paid ordinary shares be reduced to a stated capital of Rs.375,000,000/- represented by the same number of shares as before in accordance with the provisions of Section 59 of the Companies Act, No. 7 of 2007. The aforementioned reduction will be effected by setting off brought forward losses of the Company against its stated capital to the extent of Rs. 539,351,790/-.
- Reduction of Stated Capital
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