JKH goes for highest ever Rights Issue worth Rs 24 b Daily FT

05 Aug JKH goes for highest ever Rights Issue worth Rs 24 b Daily FT

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• This Sub-division aims to enhance liquidity and make the shares more accessible to a broader range of investors.

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• JKH has secured a partnership with Melco Resorts & Entertainment Limited, a leading casino and integrated resort operator.
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Additionally be sure to check if the casino comes with a money-back assurance, so there is no chance of losing your money just to discover that the website is fake power star gratis and scam. JKH has secured a partnership with Melco Resorts & Entertainment Limited, a leading casino and integrated resort operator. Melco has committed approximately USD 125 million for the fitting out and equipping of the gaming space within the project. This partnership follows the publication of new regulations governing casino licensing, ensuring a structured and transparent framework. The Inspector General had handed over the investigation to the Colombo Crimes Division due to the failure of the Mount Lavinia Police to arrest the suspects, although they did carry out an investigation. The Colombo Crimes Division found an amount of 12,589,900 rupees from the looted money in the possession of the suspects at the time of their arrest.

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• The gaming operations and retail mall will commence in phases, with overall completion expected by mid-2025.
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In conjunction with the Rights Issue, JKH’s Board of Directors has also proposed a Sub-division of shares. Post-Rights Issue, each existing Ordinary Share will be sub-divided into ten new shares, increasing the total number of shares from 1,652,899,552 to 16,528,995,520, assuming full subscription to the Rights Issue. The ‘Cinnamon Life’ hotel, along with its restaurants and banquet facilities, is slated to open in October 2024. The gaming operations and retail mall will commence in phases, with overall completion expected by mid-2025. The Board of Directors of JKH resolved to recommend to shareholders the issuance of 150,263,595 new Ordinary Shares. These shares will be offered on a 1-for-10 basis at a price of Rs.160 per share, potentially raising Rs.24,042,175,200.

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Sri Lanka Cricket felicitated the victorious national women’s team at a special ceremony held last evening in Colombo. Honorable Minister of Sports and Youth Affairs Harin Fernando took part in the ceremony as the Chief Guest at the invitation of President of… 30th July 2024 Media Release The Sri Lanka Cricket Selection Committee selected the below-given 16-member squad to play in the ODI series of the ongoing India Tour of Sri Lanka 2024. The Honorable Minister of Sports and Youth Affairs, Harin Fernando, approved the… By Srian Obeyesekere New look India outplayed Sri Lanka to a comprehensive 3-0 T20 Series success with the hosts batting vulnerability once again exposed by crashing from a winning 110 for 2 high to being bowled out for 137 in a tied contest that was won by the…

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