📈 Durdens Hospital Proposes 4-for-1 Share Split

Ceylon Hospitals PLC (Durdens) has announced a board resolution to subdivide its ordinary shares to enhance market liquidity, based on provisional data. • Proposed Subdivision Details Each existing share will be split into four new shares for both voting and non-voting classes: • Voting Shares: Increase from 31.76 Mn to 127.05 Mn. • Non-Voting Shares: Increase from 10.13 Mn to 40.54 Mn. • Financial Impact & Status • Stated Capital: Unchanged at Rs. 1.78 Bn. • Net Assets per Share: Reported at Rs. 273.17 (as of Sept 30, 2025). • Approvals: Subject to Colombo Stock Exchange (CSE) concurrence and shareholder approval at an upcoming Extraordinary General Meeting (EGM). • Market Performance (Jan 6) • Voting (CHL.N): Closed at Rs. 269.75 (Down Rs. 1.00). • Non-Voting (CHL.X): Closed at Rs. 211.00 (Up Rs. 2.00). • Ownership Structure Durdens Management Services Ltd. remains the dominant shareholder (67.93% voting), while the Employees’ Provident Fund (EPF) holds a significant 11.39% stake in non-voting shares. Public holdings currently stand at 21.53% (voting) and 50.16% (non-voting). This move is a strategic step for the healthcare sector heavyweight to improve retail accessibility and trading volume on the CSE.