Lucky Lanka Milk Processing Co. plans Rs300mn IPO

June 18, 2014 (LBO) - Colombo Stock Exchange said Lucky Lanka Milk Processing Company Limited, a dairy firm has been given the nod to raise 300 million rupees from an initial public offer.
The firm plans to offer for subscription 38 million voting shares at 6.00 rupees per share and 24 million non-voting shares at 3.00 rupees per share.

The subscription list will open on July 07, 2014. Merchant Bank of Sri Lanka Plc will manage the sale.

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