Access acquires control of Sathosa Motors

29 February 2012 07:02 am - 4     - {{hitsCtrl.values.hits}}

A A A

Leading businessman Sumal Perera’s Access Engineering secured the controlling stake of Sathosa Motors PLC (SMOT), the agents for the Isuzu vehicle range in Sri Lanka,in a deal to the tune of Rs.846 million.
 
Accordingly, Access Engineering bought 3.6 million shares of SMOT, each at Rs.235 from Japan’s Itochu Corporation in one crossing on the Colombo Stock Exchange a while ago.
 
“We see a lot of synergies between Sathosa Motors and Access Engineering, specially with us being one of the leading engineering companies in the country,” Sumal Perera, revealing the rationale behind the deal told Mirror Business.

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 4

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • Asitha Thursday, 01 March 2012 07:24 AM

    Dear Sumal, congradulations. Well done

    Suraj Wednesday, 29 February 2012 09:26 AM

    congrts Mr.Sumal. Good Luck.

    Sarth Wednesday, 29 February 2012 11:11 AM

    Congrads and good luck sumal.
    Sarath Dubai

    Anton James Thursday, 01 March 2012 05:13 AM

    Hi Sumal,

    As an Antonian, I am proud of your achievement.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Employees’ health and safety our top-most priority - Brandix

When inquired, Brandix Apparel Limited said that health and safety of employe

“Workers who fainted had water sprinkled on their faces and had to work again”

Health authorities believe the first reported Covid-19 infected worker from t

“Social media ruined us” - husband of Minuwangoda Brandix factory worker

The Minuwangoda Brandix factory worker who first tested positive for Covid-19

Last rites far from home

The body of the Sri Lankan migrant worker Bandu who died of coronavirus in Du

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.