Established: 1974 Quoted Date: 2011-05-30 Sector: Banks Finance Insurance
Multi Finance PLC is a Sri Lanka-based finance company. The Company is engaged in acceptance of deposits, maintenance of savings accounts, granting lease and hire purchase facilities, micro finance facilities, gold loans, vehicle loans, mortgage loans, factoring, margin trading, and value added services. The Company's product portfolio includes granting business loans and mortgage facilities on a selective basis together with pawn broking activities. In addition the Company mobilizes funds by way of fixed deposits and savings accounts. Entrust Limited is the parent company of Multi Finance PLC as at 31st March 2014.
Chief Executive Officer: Mr P. Jayasundera
Board of Directors:
Mrs C.J. Atapattu (General Manager)
Company Financial at a glance:
1. Company's 17,976,325 ordinary voting shares were listed by way of an introduction and permitted for trading from 30th May 2011.
2. The reference price of LKR. 14.80/= in respect of the ordinary voting shares has been decided upon by the Company.
3. In July 2011 Company's 4,485,714 ordinary voting shares were listed by way of private placement.