Vallibel One IPO

Vallibel One IPO

16th June 2011, the Royal Ceramics lanka PLC acquires Lewis Brown & Company Limited at the Consideration of Rs.589 Million.

The Rs.500 Million Paid at the execution of the agreement and the balance 89 Million will be paid on 22nd June 2011.

The Royal Ceramics lanka PLC holdings 51% shares of Lewis Brown& Company Limited at the total Consideration of Rs.1, 581 Million.

The Balance 30% shares owned by related parties of the Vallibel One.


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