Tag: Kanthale Sugar factory
Kantale sugar gets foreign investment of USD 100MN for restructuring
July 28, 2015 (LBO) – Sri Lanka’s Board of Investment (BOI) signed 100 million US dollars agreement with M G Sugars Lanka, a subsidiary of UK based Mendel Gluck to restructure the island’s state owned Kantale Sugar Factory.“Sri Lanka’s government will own 51 percent of the factory while 49 percent will be held by the […]