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Hayleys PLC Announces Rs. 6 Interim Dividend and Rs. 9 Billion Rights Issue
adaderana20d ago

Hayleys PLC Announces Rs. 6 Interim Dividend and Rs. 9 Billion Rights Issue

Hayleys PLC informed the Colombo Stock Exchange that its Board of Directors, at a meeting held on 21 January 2026, approved an interim dividend of Rs. 6 per share for the financial year ending 31 March 2026 and resolved to raise fresh capital through a rights issue.Interim Dividend Details The gross dividend is Rs. 6 per ordinary voting share. Key dates are as follows:Ex-dividend (XD) date: 30 January 2026 Record date: 2 February 2026 Payment date: 12 February 2026Dividend payments to shareholders who have provided accurate bank account details will be directly remitted within three market days (excluding the record date). The dividend is not subject to Advance Income Tax (AIT). The company’s books will remain open, and no shareholder approval is required for the interim dividend under the Articles of Association.Attached to the letter were a certified extract of the Board Resolution and a certified copy of the Solvency Certificate issued by the Directors. The Auditors’ Solvency Certificate will be submitted before the payment date.Rights Issue The Board also resolved to increase the stated capital via a rights issue of 45,000,000 new ordinary voting shares. The terms are:Entitlement ratio: 3 new ordinary voting shares for every 50 existing ordinary voting shares held at the close of trading on the Date of Entitlement Issue price: Rs. 200 per share Current stated capital (as at 31 December 2025): Rs. 1,575,000,000, represented by 750,000,000 ordinary voting sharesThe proceeds will be used for new investments and to fund part settlement of debt. The rights issue is subject to in-principle approval from the Colombo Stock Exchange for the issue and listing of the new shares, as well as shareholder approval by way of an ordinary resolution at an Extraordinary General Meeting.Photo – Mohan Pandithage – Chairman & Chief Executive & Dhammika Perera – Co-Chairman and Non-Executive Director

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Rs 9,000 crore wipeout! Ola shares tumble nearly 40% in 3 months. Time to buy or wait?
economictimes_indiatimes20d ago

Rs 9,000 crore wipeout! Ola shares tumble nearly 40% in 3 months. Time to buy or wait?

Ola Electric shares have plummeted nearly 40% in three months, wiping out Rs 9,000 crore in market value and nearing all-time lows. This sharp decline is attributed to a broader downtrend, senior management resignations, and significant stake trimming by major investors like SoftBank, despite recent market share gains.

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Fanuc Corporation ADR (FANUY) Shares Gain After Earnings Beat and Guidance Upgrade
insidermonkey20d ago

Fanuc Corporation ADR (FANUY) Shares Gain After Earnings Beat and Guidance Upgrade

Chautauqua Capital Management, a division of Baird Asset Management, is a boutique investment firm that released its fourth-quarter 2025 investor letter for the “Baird Chautauqua International and Global Growth Fund”. A copy of the letter can be downloaded here. Global equities finished 2025 strongly, with international markets delivering their widest outperformance versus U.S. equities since the Global [...]

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Gold, silver hit fresh records on global buying rush
thehansindia20d ago

Gold, silver hit fresh records on global buying rush

New Delhi: Extending the record-breaking rally, gold prices surged to a new high near Rs 1.60 lakh per 10 grams in the national capital, while silver scaled a fresh peak of Rs 3.34 lakh per kg amid a...

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google20d ago

Goldman Raises Year-End Gold Forecast to $5,400 an Ounce - Bloomberg

Goldman Raises Year-End Gold Forecast to $5,400 an Ounce BloombergGoldman Sachs raises 2026-end gold price forecast by $500 to $5,400/oz ReutersGold Miners: We Raise Our Near-Term Gold Price Assumptions, but Our Coverage Is Overvalued Morningstar CanadaWhy Goldman Sachs raised its gold price forecast 10% Business InsiderGoldman raises gold forecast to $5,400 (up $500) as private and central-bank demand builds investingLive

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Crypto Market Bottom: Bitwise CIO Reveals Q4 2023 Likely Marked the Turning Point
bitcoinworld20d ago

Crypto Market Bottom: Bitwise CIO Reveals Q4 2023 Likely Marked the Turning Point

BitcoinWorldCrypto Market Bottom: Bitwise CIO Reveals Q4 2023 Likely Marked the Turning PointIn a significant analysis for investors, Bitwise Chief Investment Officer Matt Hougan has presented a compelling case that the cryptocurrency market likely found its cyclical bottom during the final quarter of 2023. This assessment, based on a confluence of fundamental on-chain metrics and macroeconomic factors, provides a crucial framework for understanding the current digital asset [...]This post Crypto Market Bottom: Bitwise CIO Reveals Q4 2023 Likely Marked the Turning Point first appeared on BitcoinWorld.

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Ripple News: Can XRP Recapture $2 This Week As Cryptocurrencies Continue To Tumble Following Renewed Tariff Talks
techbullion20d ago

Ripple News: Can XRP Recapture $2 This Week As Cryptocurrencies Continue To Tumble Following Renewed Tariff Talks

The latest news cycle for Ripple comes at a particularly fraught time for the world of cryptocurrency, as a fresh set of tariff talks between major economies adds further volatility to the mix. Bitcoin is unsure of itself; the alts are trending downward, and market sentiment is cautious across centralized exchanges and the blockchain. The [...]The post Ripple News: Can XRP Recapture $2 This Week As Cryptocurrencies Continue To Tumble Following Renewed Tariff Talks appeared first on TechBullion.

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Crypto clash at Davos over yield and monetary control
thearabianpost20d ago

Crypto clash at Davos over yield and monetary control

A sharp exchange at the World Economic Forum in Davos has underlined widening fault lines between global financial authorities and the cryptocurrency industry, as Brian Armstrong challenged warnings from François Villeroy de Galhau over digital assets, stablecoins and the idea of a so-called bitcoin standard. Speaking during a packed panel discussion on the future of money, Armstrong argued that decentralised finance and blockchain-based currencies were expanding choice, [...]The article Crypto clash at Davos over yield and monetary control appeared first on Arabian Post.

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