Friday, 15 August 2014

15-Aug-2014 CSE Trade Summary

Company Fact Sheet: Commercial Leasing & Finance PLC - CLC:N0000

About the company:

Established: 2008                                      Quoted Date: 2012-06-05            Sector: 
Banks Finance & Insurance

Commercial Leasing & Finance PLC was incorporated as a Private Limited Company in April 1988 and in 1992 converted into a Public Limited Company and listed in the Colombo Stock Exchange. In 2008 the company submitted an application to delist from Colombo Stock Exchange and it was treated as de-listed with effect from July 01, 2009. Company has relisted in Colombo Stock Exchange in June 2012 in compliance with the CBSL Directions with the divestment of 10% of the stated capital. The principal activities of the Company comprised of leasing, hire purchase, loans, and mobilization of public deposits.The immediate and ultimate holding company is Lanka ORIX Leasing Company PLC, which is incorporated in Sri Lanka.

Chairman: Mr Ishara Chinthaka Nanayakkara  (Non-Independent/Non-Executive Director)

Chief Executive Officer: Mr Krishan Thilakaratne  (Executive Director)

Board of Directors:
Mr Waduthanthri Dharshan Kapila Jayawardena  (Non-Independent/Non-Executive Director)
Mr Kalsha Upeka Amarasinghe  (Non-Independent/Non-Executive Director)
Dr Harsha Cabral, PC (Independent/Non-Executive Director)
Mr Priyantha Fernando (Independent/Non-Executive Director)

52 Weeks Low: 3.30                                             52 Weeks High: 4.80

Average Trading Volume: 38,110

Company Financial at a glance:

1. On 05th June 2012 6,377,711,170 shares were listed by way of introduction.The reference price of LKR 5.00 is an indicative price and its decided by the Company.

Total shares in Issue as at 31-03-2014: 6,377,711,170

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 10.00%.

The percentage of Foreign Holding as at 31st July 2014 was 0.00%

Quote for the day

"Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In “good times,” even errors are profitable; in “bad times” even the most well researched trades go awry. This is the nature of trading; accept it." - Dennis Gartman