Associated Motor Finance Company PLC announced that on December 23, 2020, a communication from Central Bank of Sri Lanka that, the company can proceed with the merger based on approval in principle previously granted (for the acquisition of a stake in Arpico Finance Company PLC by the company and subsequent merger, which is an outcome of the financial sector consolidation program in 2014) and as agreed, to complete the merger by March 31, 2021.
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5-day change | 1st Jan Change | ||
22 LKR | -0.90% | -7.56% | +25.71% |
1st Jan change | Capi. | |
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+25.71% | 8.26M | |
+18.87% | 17.27B | |
+31.06% | 16.69B | |
+7.94% | 9.49B | |
-20.73% | 7.69B | |
+10.78% | 6.82B | |
+67.32% | 5.54B | |
-3.82% | 4.73B | |
+65.29% | 4.57B | |
+2.68% | 4.54B |
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- Amalgamation of Arpico Finance Company plc with Associated Motor Finance Company plc Gets Approval from Central Bank of Sri Lanka