Thursday, 22 May 2014

Company Fact Sheet: Tangerine Beach Hotels PLC - TANG:N0000

About the company:

Established: 1980                Quoted Date: 1983-01-01            Sector: Hotels & Travels

Tangerine Beach Hotels PLC is a Sri Lanka-based company. The principal activity of the Company is hoteliering. The Company has range of facilities to meet every need from banquets to business breakfasts, and a host of services from laundry, currency exchange to concierge, as well as a shopping arcade to browse for the gift to take home. The Company offers sport and recreation options to keep the Company entertained day or night, including a fully equipped gym.

Chairman & Joint Managing Director: Mr G.L.A. Ondaatjie 

Joint Managing Director: Ms A.M. Ondaatjie 

Board of Directors:
Mr G.G. Ondaatjie 
Mr V. Balasubramaniam 
Mrs C.A. Ondaatjie 
Mr T.J. Ondaatjie 
Mr N.H.V. Perera 
Mrs S.D. De Silva 
Mr L.H. Jayasinghe 
Mr P.S.R. Casie Chitty  (Non Executive Independent Director)

52 Weeks Low: 50.20                                                              52 Weeks High: 82.00
Average Trading Volume: 25

Company Financial at a glance:
Click Table to Enlarge

Total Voting shares in Issue: 20,000,000

Notes:
1. 730,000 Ordinary Shares of the Company were allotted on 20th April 1995, pursuant to a 17:100 Rights Issue @ Rs. 20.00.
2. 1,250,000 Ordinary Shares of the Company were allotted on 22nd January 1998, pursuant to a 1:4 Rights Issue @ Rs. 20.00.
3. In 1998 1,250,000 Ordinary Shares of the Company were allotted, pursuant to a 1:4 Bonus Issue.
4. 2,500,000 Ordinary Shares of the Company were allotted on 25th November 2003, pursuant to a 1:3 Rights Issue @ Rs. 20.00.
5. 10,000,000 Ordinary Shares of the Company were allotted on 18th April 2007, pursuant to a 1:1 Bonus Issue.

Top 20 Shareholders as at 31/12/2013:


Percentage of public holding as at 31st December 2013 was 35.30%

The percentage of Foreign Holding as at 30th April 2014 was 0.00%

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