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Last Updated : 2024-04-24 04:08:00
Sunshine Holdings PLC yesterday said the joint venture deal its packaging subsidiary Sunshine Packaging Lanka Ltd pursued with Primeco Holdings, a conglomerate incorporated in Hong Kong, did
not materialize.
Sunshine Packaging was to issue 23.7 million shares, representing 40 percent of the shares to Primeco for a consideration of US $ 2 million.
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