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Browns Investments to acquire controlling stake in Sun & Fun

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28 October 2013 03:15 am - 0     - {{hitsCtrl.values.hits}}

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Browns Investments PLC said it has signed an agreement with Sun & Fun Resorts Ltd to invest Rs.250 million to acquire 50.1 percent of the company and to construct a four-star international standard hotel in Pasikudah with 71 rooms.

Sun & Fun Resorts Ltd is a Board of Investment company incorporated in 2010.

Browns Investments PLC is an investment vehicle of Brown and Company PLC, now controlled by the LOLC group.

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

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