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.
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)
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)
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
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Total Voting shares in Issue: 56,800,400
Notes:
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.
Notes:
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.
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