Tag: Sri Lanka’s Hikkaduwa Beach Resort to borrow Rs480mn from Sampath Bank

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Sri Lanka’s Hikkaduwa Beach Resort to borrow Rs480mn from Sampath Bank

July 17, 2015 (LBO) – Sri Lanka’s Hikkaduwa Beach Resort is to borrow 480 million rupees from Sampath Bank after mortgaging its land and building, the company said.The company will be calling for a shareholder meeting to seek necessary approval for the said borrowing and the mortgage of the property. “The entirety of the land […]