Switching Gears

CEAT Kelani Holdings Managing Director Ravi Dadlani (right) and Lanka Ashok Leyland CEO Umesh Gautham exchange the OEM agreement

Apr.04 (LBO) – Sri Lanka’s Associated Motorways Ltd said Tuesday that they had invested Rs. 100 million to start a fully owned leasing company. AMW Capital Leasing Ltd was incorporated on February 23, and the firm is awaiting Central Bank’s approval to start business, AMW’s Company Secretary D Kumarasinghe said in a statement.

-LBO Newsdesk: LBOEmail@vanguardlk.com

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