Hayleys PLC acquires 10.83% stake in DIMO for Over Rs. 1 billion

Dhammika Perera controlled Hayleys PLC has acquired a 10.83 percent stake in Diesel and Motor Engineering PLC (DIMO) through a series of transactions worth over Rs. 1.04 billion, according to a disclosure filed with the Colombo Stock Exchange (CSE). 

On 7th of this month, Halyleys purchased 903,508 shares (9.79 percent stake) at price of Rs.1050 per shares and the remainder of shares were purchased on the following day.