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LB Finance seals Rs.3.7bn deal for controlling stake in AMF
Daily Mirror - Sri Lanka
|September 27, 2025
LB Finance PLC, for which the majority shareholder is business tycoon Dhammika Perera-controlled Vallibel One, yesterday disclosed it would acquire a 65.6 percent stake in Associated Motor Finance Company PLC (AMF) for Rs.3.72 billion, following the approval from the Central Bank of Sri Lanka (CBSL).
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The deal involves the purchase of 74.3 million shares at Rs.50 from AMF Deputy Chairman and Executive Director John Paulu Irugalbandarage Nalatha Dayawansa, who owns 39.95 percent and Imperial Import & Export Co (Pvt.) Ltd, controlled by his family, wh
Dit verhaal komt uit de September 27, 2025-editie van Daily Mirror - Sri Lanka.
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