Thursday 22 May 2014

Orient Garments to amalgamate

Orient Garments in a stock exchange disclosure said Orient Garments will amalgamate with Stafford Orient (Private) Limited, under section 242 (1) of the Companies Act No 07 of 2007, being a fully owned subsidiary of the company from June 20, 2014. Consequent to the amalgamation , Orient Garments will continue as the amalgamated company.

Orient Garments currently operates through five factories with 3,500 employees and 1,950 computerized industrial sewing machines generating 13.2mn items of clothing per annum.
www.dailynews.lk

No comments:

Post a Comment