Friday, 11 September 2015

Nimal Perera to bring all his investments under Kalamazoo

By Ishara Gamage

Ceylon Finance Today: High net worth investor and Pan Asia Bank Chairman Nimal Perera yesterday brought a controlling stake of Kalamazoo Systems PLC for Rs 32 million rupees, stock broking sources said.


According to sources 65 % of Kalamazoo is now controlled by Nimal Perera. According to sources, this investment is in his personal capacity and he is planning to bring his all investments under Kalamazoo Systems PLC.

The sellers were C T Holdings PLC and it related T Ratnanather family, sources said.

Nimal Perera bought control of Mercantile Produce Brokers Ltd, for Rs 200 million. He made all his personnel investments through his investment arm Don Wilbert Capital.

Don Wilbert Capital has a subsidiary N Capital, which invested in Tangalle Bay Resorts.
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