Ceylon Tea Brokers to buy Logicare for Rs. 233 m

Monday, 15 May 2017 00:02 -     - {{hitsCtrl.values.hits}}

Ceylon Tea Brokers Plc is to build a state-of-the-art warehousing complex with the purchase of Logicare Ltd. for Rs. 233 million.

Logicare owns the lease hold rights to a land in Muthurajawela for 39 years. It is a subsidiary of Lanka Commodity Brokers Ltd., with whom Ceylon Tea Brokers has signed an agreement.

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