Thursday, November 1, 2018

CIC Grains sells property in Moneragala

CIC Grains (Private) Limited has sold its land, building, plant and machinery located in Moneragala to Fortune Agro Industries (Private) Limited and Windsor Real Estate Ltd for a total consideration of Rs 340 million, on October 30, 2018.

CIC Grains (Private) Limited is a subsidiary company of CIC Holdings PLC, with an effective holding of 79.36%.

The purchasers, Fortune Agro Industries (Private) Limited and Windsor Real Estate Ltd are joint venture companies of Bairaha Farms PLC.

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