Ceylinco Investment Corporation Ltd Divest by Nation Lanka Finance PLC

Ceylinco Investment Corporation Ltd Divest by Nation Lanka Finance PLC

The continuous loss making entity of Ceylinco Investment Corporation Ltd has been divested by its parent company of Nation Lanka Finance PLC. The company has been sold to Moughul Fund (Pvt) Ltd at a Consideration of Rs. 1 per Share (total of 600,000 shares).

The divestment decision taken by Nation Lanka Finance PLC keeping in line with the directions issued by the Central Bank of Srilanka, to divest the loss making subsidiaries.

 




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