Hikkaduwa Beach Resort will borrow Rs 480 million from Samapth Bank.
The company will be calling for a shareholder meeting to seek approval for the said borrowing and the mortgage of the property under the Companies Act No 7 of 2007 since the entirety of land and building which is valued more than half the value of assets is being mortgaged for such borrowing.
www.dailynews.lk
The company will be calling for a shareholder meeting to seek approval for the said borrowing and the mortgage of the property under the Companies Act No 7 of 2007 since the entirety of land and building which is valued more than half the value of assets is being mortgaged for such borrowing.
www.dailynews.lk
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