Mercantile Investments & Finance PLC (MERC.N0000) completed an oversubscribed Rs. 1.1 billion rights issue, bolstering its capital base and regulatory capital position. The funds increase its financial flexibility to support growth and expansion in Sri Lanka's financial services sector.
Mercantile Investments & Finance PLC (MERC.N0000) completed an oversubscribed rights issue raising Rs. 1.1 billion. The funds bolster its capital base and regulatory capital position, enhancing financial flexibility to support growth and expansion in its financial services operations.