Saturday, September 10, 2011

Distilleries did not buy JKH on Thursday

The Distilleries Company of Sri Lanka PLC which bought two percent of the JKH conglomerate on the Colombo Stock Exchange on Wednesday at a price of Rs. 215 a share was not a buyer of JKH on Thursday as incorrectly reported by us.

A million JKH was bought on Thursday by Asian Alliance Insurance, now a member of the Softlogic Group, while Paints and General Industries, related to a major shareholder of JKH was also a buyer at the Rs. 215 price.

The error is regretted.

source - www.island.lk

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