NEWS ALERT: Ceylinco Insurance gets biggest outside shareholder

secnews at 04h24
10
Feb
2011
NEWS ALERT: Ceylinco Insurance gets biggest outside shareholder

FT-TODAY

Ceylinco Insurance gets biggest outside shareholder

A consortium including two export firms has bought 11.5% stake in Ceylinco Insurance Plc., thereby becoming the single largest shareholding group from outside.

The consortium comprises P. Subasinghe, Global Rubber Industries Ltd. and Global Sea Foods Ltd. The 11.5% shareholding was as at Tue
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