Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» ALHP WILL MOVE UP SOON
by ruwan326 Today at 8:18 am

» When will Hotels go up?
by bhanu Yesterday at 6:43 pm

» CALF doubled price genuine?
by lakshanbandara Sat May 26, 2018 5:07 am

» What do you think about Browns Group Reforms: BRWN, BIL & FLCH ?
by MoneyLover Fri May 25, 2018 10:30 pm

» FUTURE GEMS.....
by kalifrahim Fri May 25, 2018 1:41 pm

» AAF.N0000 will move up soon
by kalifrahim Fri May 25, 2018 1:40 pm

» AAF.N0000 will move up soon
by kalifrahim Fri May 25, 2018 1:38 pm

» Ranel T. Wijesinha appointed to SEC as Chairman
by Harry82 Thu May 24, 2018 10:15 pm

» SINGHE HOSPITALS- GEM OR DIAMOND?
by reyaz Thu May 24, 2018 2:48 pm

» Bridge Loans & Hard Money Financing
by reyaz Thu May 24, 2018 2:38 pm

» We Provide of BG,SBLC,Discounting
by kimsungnyon2020 Wed May 23, 2018 11:12 pm

» BG / SBLC / LC / DLC / MTN ETC AVAILABLE
by kimsungnyon2020 Wed May 23, 2018 11:10 pm

» Your thoughts about GREG.N and SPEN.N
by shihan 93 Wed May 23, 2018 6:04 pm

» HVA 50 cents profit for the year NAV 8.50 market 6.60 Good potential to go up
by anges Mon May 21, 2018 7:11 pm

» SFIN going up
by worthiness Sat May 19, 2018 9:36 pm

» VFIN Share
by worthiness Sat May 19, 2018 9:30 pm

» Short Sell instead of Bill and Bond
by lakshanbandara Fri May 18, 2018 5:07 pm

» janashakthi shares
by DS Wijesinghe Fri May 18, 2018 1:48 pm

» Will CRL.N000 rise?
by ravindu93 Thu May 17, 2018 1:29 pm

» JINS Share Repurchase
by Ranil Ranasinghe Wed May 16, 2018 10:03 pm

» No news from LAUGFS GAS (LGL). for more than one month??
by gdid Wed May 16, 2018 9:26 pm

» LLUB - TRADING @ 2008 PRICE LEVELS
by reyaz Wed May 16, 2018 5:17 pm

» FLCH 4.30 Next BIL ....
by Eugine Fernando Wed May 16, 2018 2:09 pm


You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » CAUTION - Shareholders of Abans group companies , Depositors and Bankers -

CAUTION - Shareholders of Abans group companies , Depositors and Bankers -

Go down  Message [Page 1 of 1]

Wimal Modawansa

avatar
Manager - Equity Analytics
Manager - Equity Analytics
Shareholders of Abans PLC have transferred their share holding to P N P Logistics (pvt) Ltd , a fully owned subsidiary of Abans International (pvt) Ltd.(both are paper companies).
Troubled Abans group is already suffering from  steep decline in profitability and high debt , some of which are supported by Director”s personal guarantees and indemnities.
Share values of quoted companies in the group may fluctuate heavily.
Priorities of Bankers will change and positions of lending bankers may be diluted.
Only some banks have placed covenants saying that "shareholding structure should not be changed with out their written approvals".

DS Wijesinghe


Manager - Equity Analytics
Manager - Equity Analytics
Any idea about the banks that have high exposure levels?

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum