Sri Lanka’s Watawala Plantation Company has terminated the Management Services agreement it entered into with Estate Management Services (Pvt) Limited.
The company says it has also decided to terminate the payment of management fees to the EMS (Pvt) Limited.
Watawala says, both the decision were entered into mutually.
The agreement between the two firms was signed for a period of five years starting from 1st of July 2013 and running up to 31st of June, 2018.
www.news360.lk
Related news:
http://www.cse.lk/cmt/upload_cse_announcements/4771395054075_.pdf
Related news:
http://www.cse.lk/cmt/upload_cse_announcements/4771395054075_.pdf
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