Renuka City Hotels parent seeks secondary board listing

Renuka Hotels Limited, the parent of Renuka City Hotels PLC, has received the preliminary approval from the Colombo Stock Exchange (CSE) to list its ordinary voting shares on the secondary Diri Savi Board by way of a share Introduction.  

A stock market filing said the company will be listing 40.3 million ordinary voting shares.
The copies of the Introductory Document will be made available by the company to all member firms and trading member firms shortly.

The CSE said the shares will be granted a listing on or before the third market day upon receipt of the declaration from the company.

As at June 30, 2017, Renuka Hotel Limited held 62.22 percent of the issued shares of Renuka City Hotels PLC.