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Sri Lanka’s AgStar acquires a factory complex

Posted by author 1 year, 4 months ago on Dec 7th, 2012 12:53 PM and filed under Business & Finance, Markets, Stock Market. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

AgStar aquires a factory complex

Sri Lanka’s AgStar Properties Private Limited has purchased a factory complex in Ekala, Ja-Ela, by paying a sum of Rs. 400 million.

In a stock market disclosure, the company, which is a fully owned subsidiary of AgStar Fertilizers PLC, announced that it will use the acquired factory to relocate its fertilizer operations.

The property consists of approximately 9 acres of land together with over 150,000 sqft. of factory and buildings.

The purchase has been done on the 3rd of December.

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