Sri Lanka’s Seylan Bank, DFCC buy stakes in Alpha Fire Services
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Sri Lanka’s Seylan Bank, DFCC buy stakes in Alpha Fire Services
ECONOMYNEXT – Sri Lanka’s DFCC Bank and Seylan Bank have each bought 25.01 percent stakes in Alpha Fire Services Plc for 94.9 million rupees each. Seylan Bank/Arcasia Investments and Trading (Pvt) Ltd bought 9,492,610 shares 10 rupees each. DFCC Bank/ATX Partners (Pvt) Ltd also bought 9,492,610 shares at 10 rupees a piece. Three directors of Alpha Fire Services disposed a total of 22,153,538 shares reflecting a 58 percent stake of the company, a…
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