Browns Investments PLC said it had completed the balance 49% acquisition of Ajax Engineers (Pvt) Ltd.
Brown Investments indicated in a stock filing that it had paid Rs.100 million for the balance 49% percent stake, making it a wholly owned subsidiary.
Ajax is classified as an F 1 Super Contractor by ICTAD and is also a market leader dealing in aluminum construction materials and is a fully owned subsidiary of Brown Investments PLO.
The 30 year old Company has a fully equipped modem workshop in Ragama which is equipped with German and Austrian machines.
www.dailynews.lk
Brown Investments indicated in a stock filing that it had paid Rs.100 million for the balance 49% percent stake, making it a wholly owned subsidiary.
Ajax is classified as an F 1 Super Contractor by ICTAD and is also a market leader dealing in aluminum construction materials and is a fully owned subsidiary of Brown Investments PLO.
The 30 year old Company has a fully equipped modem workshop in Ragama which is equipped with German and Austrian machines.
www.dailynews.lk
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