The Ceylon Hotels Corporation (CHC) Rest Houses would be developed with an investment of Rs.250 million through the joint venture leisure arm of CHC, Ceylon Holidays Holdings (CHH), a company filing to the stock exchange stated. CHH is a fully owned subsidiary of CHC and Zinc Hospitality Lanka would be investing Rs.250 million for 50 per cent equity in Ceylon Holidays. Zinc Hospitality is the hospitality arm of the multinational conglomerate Cinnovation / CG Group.
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