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Aitken Spence Hotel Holdings invests Rs1.67bn in Ahungalla Resorts

Mar 15, 2016 (LBO) – Sri Lanka’s Aitken Spence Hotel Holdings has invested 1.
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67 billion rupees in 36 million shares in its subsidiary, Ahungalla Resorts Limited, the Company said in a stock exchange filing.
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The investment has carried out under the shareholders agreement entered between Aitken Spence Hotel Holdings, Riusa Ned BV, Riusa II S.
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A. and Ahungalla Resorts in 2013. Ahungalla Resorts is effectively owned by Aitken Spence Hotel Holdings and Riusa Ned BV, a company incorporated under the laws of Netherlands, in the ratio of 60:40, the company further said.
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