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<blockquote data-quote="Thief" data-source="post: 10298627" data-attributes="member: 243930"><p>VOL is the first holding company of business tycoon Dhammika Perera, consolidating his personal and controlling/strategic stakes in Royal Ceramics, LB Finance and Sampath Bank as well as an upcoming luxury resort in Negombo. VOL also has interests in renewable energy projects.</p><p></p><p>The IPO involves 20 million ordinary voting shares priced at Rs. 25 each, which was the same price at which VOL had a private placement early this year to raise Rs. 4.9 billion via issuance of 196 million shares. The latter was not only the biggest ever private placement but was a sell-out with Rs. 7.5 billion worth of applications received.</p></blockquote><p></p>
[QUOTE="Thief, post: 10298627, member: 243930"] VOL is the first holding company of business tycoon Dhammika Perera, consolidating his personal and controlling/strategic stakes in Royal Ceramics, LB Finance and Sampath Bank as well as an upcoming luxury resort in Negombo. VOL also has interests in renewable energy projects. The IPO involves 20 million ordinary voting shares priced at Rs. 25 each, which was the same price at which VOL had a private placement early this year to raise Rs. 4.9 billion via issuance of 196 million shares. The latter was not only the biggest ever private placement but was a sell-out with Rs. 7.5 billion worth of applications received. [/QUOTE]
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