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Lanka Realty Investments buys 51-pct stake of Lee Hedges
Summary by srilankachronicle.com
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Lanka Realty Investments buys 51-pct stake of Lee Hedges
Lanka Realty Investments PLC has successfully acquired 51 percent of the total shares in issue of Lee Hedges PLC, as detailed in a recent stock exchange filing. This acquisition involved the purchase of 13,057,595 ordinary voting shares at a price of 216 rupees per share. On the stock market, Lanka Realty’s share price experienced a decline, closing at 46.10 rupees, down by 1 rupee. In contrast, Lee Hedges’ share price saw an increase, closing a…
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