Thursday, 24 July 2014

24-Jul-2014 CSE Trade Summary


Quote for the day

"Markets often rise higher than you think is possible, and fall lower than you can possibly imagine." - Jim Rogers

Company Fact Sheet: Multi Finance PLC - MFL:N0000

About the company:

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.

Chairman: Mr E.K.I. De Zoysa 

Deputy Chairman: Mr R.M.M.J. Ratnayake 

Chief Executive Officer: Mr P. Jayasundera 

Board of Directors:
Mrs C.J. Atapattu  (General Manager)
Mr K.P.N.S. Dayaratne  (Non - Executive Director)
Mr B.N.R. Mendis  (Non - Executive Director)
Mr R.M.S. Tillakawardana  (Independent / Non - Executive Director)
Mr R.D. Senerath  (Executive Director)
Mr I.D.B. Dassanayake (Executive Director)
Mr C.U. Ratwatte  (Executive Director)

52 Weeks Low: 12.90                                                                    52 Weeks High: 21.50

Average Trading Volume: 17,140

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.

Total shares in Issue as at 31-03-2014: 22,462,039

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 13.69%.

The percentage of Foreign Holding as at 30th June 2014 was 0.05%