Sri Lanka, June 26 -- Asia Asset Finance PLC has announced a Rs. 1.5 billion Rights Issue, marking a step towards strengthening its capital position and accelerating the company's next phase of growth.

In a disclosure to the Colombo Stock Exchange, the company stated that its Board of Directors, at a meeting held on 10th June 2026, resolved to recommend a Rights Issue of Ordinary Voting Shares to existing shareholders. The issue will comprise 45,162,012 Ordinary Voting Shares at Rs. 33.30 per share, amounting to Rs. 1,503,894,999.60.

The Rights Issue will be offered on the basis of four new Ordinary Voting Shares for every eleven existing Ordinary Voting Shares held. The company's current shareholding stands at 124,195,533 Ordinary Voti...