Tuesday, 3 June 2014

03-Jun-2014 CSE Trade Summary

Company Fact Sheet: Trade Finance & Investments PLC - TFIL:N0000

About the company:

Established: 1978                Quoted Date: 2011-10-27           Sector: Banks Finance & Insurance

Trade Finance & Investments PLC is a Sri Lanka-based company engaged in the provision of finance leases, hire-purchase assets financing, granting of loans, mobilization of deposits, pawning and other financial services. The Company operates through four segments: finance lease, hire purchase and other loans, investments and unallocated segment. The Company's products and services include financial leasing, hire purchases, security loans, personal loans, foreign currency exchange and fixed deposits and pawning.
Chairman: Mr H.R. Peries (Non Executive Independent Director)

Managing Director: Mr L.A.J.F. Morais  (Executive Director)

Board of Directors:
Ms N.T.M.S. Cooray  (Executive Director)
Mr W.A.T. Fernando (Non-Executive Independent Director)
Mr M.I. Furkan  (Non-Executive Independent Director)
Mr C.S.R.S. Anthony 

52 Weeks Low: 12.10                                                               52 Weeks High: 20.80
Average Trading Volume: 67,370

Company Financial at a glance:
Click Table to Enlarge

Total Voting shares in Issue: 56,800,400

1. TFIL issued 2,540,020 ( Two Million Five Hundred And Forty Thousand And Twenty) Ordinary Voting Shares by way of a Capitalization of revenue reserves in the proportion of one (1) share for every share held by the existing shareholders of the Company, as at 31st March 2010 for a consideration of Rs. 40.00 per share. The shares were allotted to the shareholders on 13th May 2010.
2. The existing ordinary shares of TFIL were subdivided in the proportion of ten (10) shares for every one (01) share held, based on the shareholding as at 29th April 2011, thus increasing the number of shares of the Company from Five Million Eighty Thousand and Forty (5,080,040) to Fifty Million Eight Hundred Thousand and Four Hundred (50,800,400) shares.
3. 56,800,400 ordinary shares were indexed on the Diri Savi Board of the Colombo Stock Exchange on 27th October 2011, pursuant to an IPO - Offer for Subscription of Six Million Ordinary Voting Shares (6,000,000) At Rs 20.00 each.

Top 20 Shareholders as at 31/03/2014:

Percentage of public holding as at 31st March 2014 was 21.29%

The percentage of Foreign Holding as at 31st May 2014 was 1.52%

Quote for the day

“Intelligence takes chance with limited data in an arena where mistakes are not only possible but also necessary.” -  Darwi Odrade