Laugfs Holdings Limited Purchase Controlling power Softlogic Credit Limited

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The Board of Directors of Softlogic Capital PLC announced to Colombo Stock Exchange, that the Company signed an agreement on Share Sales and Purchases with Laugfs Holdings Limited on 28th September 2012.

According to the agreement the Laugfs Holdings Limited purchases the 5.1 Million Ordinary Shares constituting 67% of the issued share capital of Softlogic Credit Limited at a total consideration of Rs. 103, 638,039.00

The agreement will valid upon the regulatory and shareholder approvals.

 


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