Related Keywords: Ceylon Leather Products, Fabric Maker, LCI Group Company, SAT, shares, South Asia Textile Industries, ultra modern manufacturing plant, weft knitted fabric
Sri Lanka's Ceylon Leather Products, a company with a proud history of 74 years in processing and manufacturing of leather and leather products. The company plans investment of Rs.306.4 million in South Asia Textile Industries Pvt Ltd, a fabric maker.
Ceylon Leather Products will buy 3.06 million shares in rights issues raising its stake to 80 percent, the firm said in a stock exchange filing.