Wednesday, 15 October 2014

Cargills buys more of Kotmale

Cargills Ceylon PLC has purchased a further 5,375 ordinary voting shares at Rs.62.50 per share on the trading ?oor of the Colombo Stock Exchange (CSE).

Subsequent to this purchase the shareholding owned by Cargills (Ceylon) PLC and its fully owned subsidiaries Cargills Quality Foods Limited and Cargills Quality Dairies (Private) Limited increased from 30,103,282 (95.87%) to 30, I 08,657 representing 95.89% of the total number of shares in the issue.

Kotmale Holdings PLC is a public quoted company listed in the Colombo Stock Exchange and at present, it is the holding company of four other companies engaged in manufacturing of various dairy products. They are Kotmale Products Limited, Swiss Cheese Company Limited, Kotmale Milk Products Limited and Milife Foods Limited.
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