Sri Lanka’s CHC Investment buys 31-pct stake in Taprobane Holdings

Aug 24, 2015 (LBO) – Sri Lanka’s C H C Investment has bought a 31 percent stake in the diversified Taprobane Holdings at 5.50 rupees, a statement said.

Taprobane Securities said in a stock exchange filling that C H C Investment bought 310.8 million shares of Taprobane Holdings worth 1,709.4 million rupees.

As per the announcement made, I C Nanyakkara sold 225.9 million shares and P S W Rupasinghe sold 84.9 million shares to C H C Investments.

(updated)