Finance

Multi Finance Delists Following Merger with L B Finance

  • September 5, 2024

Multi Finance PLC has been officially delisted from the Colombo Stock Exchange (CSE) as of September 4, 2024, following its merger with L B Finance PLC. The delisting process was conducted in accordance with Rule 4 (2) of the Securities and Exchange Commission of Sri Lanka (SEC) Rules, 2001, as outlined in Gazette Extraordinary No.

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Industry Analysis

Multi Finance PLC Completes Merger with LB Finance PLC

  • August 7, 2024

Multi Finance PLC has officially merged with LB Finance PLC following the approval of a special resolution at an extraordinary general meeting held on June 28. The amalgamation was carried out in accordance with the Companies Act No. 07 of 2007, meeting all regulatory requirements. The Department of Registrar General of Companies (DRGOC) has validated

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