March 2015 – Sale of Significant Company Asset
Eastern Merchants PLC gained shareholder approval for the sale of the land and buildings owned by the Company at No. 284 Vauxhall Street, Colombo 02 and No. 341 Union Place, Colombo 02, (being one block in extent 134 perches) for a sum of Rs. 1,040,000,000. In the most recent valuation dated 6th April 2014, this…
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