Thursday, 17 July 2014

17-Jul-2014 CSE Trade Summary


Company Fact Sheet: People's Merchant Finance PLC - PMB:N0000

About the company:

Established: 1983                                      Quoted Date: 1994-07-11            Sector: Banks Finance & Insurance

People's Merchant Finance PLC, formerly People's Merchant PLC, is engaged in leasing, hire purchase, trade finance, real estate, short-term investments and corporate finance services. The Company, together with its subsidiaries, operates in six segments: trade bills & loans, leasing & hire purchase, real estate, pawning, corporate finance and credit card & others. Its leasing services include leasing of vehicles and equipments, and operating leases. During the fiscal year ended March 31, 2014, 66% of the Company's total income came from leasing & hire purchase segment. As of the same date, it had one subsidiary - PMB Services Limited.


Chairman: Mr P. Kudabalage (Non-Executive Director)

Managing Director /CEO: Mr G. Ramanan

Board of Directors:
Mr J.P. Amaratunga 
Mr T. Wickramasinghe 
Mr A.P. Weerasinghe 
Mr M.M.S.K. Rajapakse 
Mrs S.V. Amarasekara (Independent Non Executive Director)
Mr N.C. Peiris  (Independent Non Executive Director)
Mrs S.M.L.K. Sangakkara  (Non Executive Director)

52 Weeks Low: 10.40                                                               52 Weeks High: 24.30

Average Trading Volume: 15,240

Company Financial at a glance:

History of Rights Issues:


Total shares in Issue as at 31-03-2014: 67,500,000

Top 20 Shareholders as at 31/03/2014




The percentage of Shares held by the Public as at 31st March 2014 was 30.99%.

The percentage of Foreign Holding as at 30th June 2014 was 13.77%

Quote for the day

"Never buy what you do not want, because it is cheap; it will be dear to you." - Thomas Jefferson