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Sunshine Packaging-Primeco US $ 2mn deal abandoned

28 September 2016 12:02 am - 0     - {{hitsCtrl.values.hits}}

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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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Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, 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.

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