Reply To:
Name - Reply Comment
Last Updated : 2022-06-27 15:56:00
Harry Jayawardena-controlled Melstacorp PLC has entered into a cement business forming a joint venture company with Indonesia’s Gama Corp.
According to a stock exchange filing, Melstacorp has entered into a joint venture agreement with Pyramid Gama (Pvt) Ltd., for the importation, processing and distribution of cement to be undertaken though a joint venture company in the name of Melsta Gama (Pvt) Ltd.
The initial phase of the project is estimated to cost approximately US $ 20 million, the filing said.
Pyramid Gama is a joint venture between Pyramid Holdings of Sri Lanka and Gama Corp., Indonesia. Pyramid Holdings is the holding company of Pyramid Wilmar, which is currently the leading edible oil and specialty foods syndicate in Sri Lanka.
Gama Corp. of Indonesia is one of the largest cement players in the region, which currently manages one of the largest cement producing operations in the region.
Melstacorp is a diversified blue chip with interests in beverages, telecommunication, plantations, insurance, financial services, power generation, logistics, media, textiles, leisure, BPO services and IT.
Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.
Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.
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
Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.
At present reclamation activities are underway at an 80-acre paddy land close
There is a great mismatch in spending between Sri Lanka’s total imports and
The historical Thantirimale Raja Maha Viharaya, which associates itself with
As if Sri Lanka did not have enough problems, the government last week let an
