Tuesday, 21 July 2015

Expolanka divests Neptune Papers

Expolanka Holdings as a part of their re structuring activities has fully divested its investment in Neptune Papers Ltd, for a purchase consideration of Rs. 10,639,797 (Ten Million Six Hundred Thirty Nine Thousand Seven Hundred and Ninety Seven) to Aberdeen Holdings. The company entered into a share purchase agreement on July 17 in order to consummate this transation.

A majority shareholder and Director of Aberdeen Holding is also a Director of Expolanka Holdings, Osman Kassim.
www.dailynews.lk

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