Tag: Shareholders of Hayleys Fibre approves Rs420mn property sale

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Hayleys Fibre approves Rs420mn property sale to Alumex

July 28, 2016 (LBO) – Shareholders of Sri Lanka’s Hayleys Fibre have unanimously approved a disposal of 420 million rupees worth freehold property located at Ja-Ela to listed Alumex through a related party transaction. The company called an EGM to get shareholder approval for the disposal, as the value of the property exceeds 50 percent […]