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SAT Industries Lanka kicked off expansion programme with investment over Rs.1bn

Related Keywords: expansion programme, high-end fully computerised printing machines, high-speed knitting machines, investment over one billion, kicked off, South Asia Textile Industries Lanka, state-of-the-art Testing Lab, ultra modern manufacturing plant

South Asia Textile Industries Lanka (pvt) Ltd., (SAT) an ultra modern manufacturing plant producing exceptional quality weft knitted fabric and specializes in knitting, dyeing, finishing, printing, brushing, sueding and anti pill micro / polar fleece fabric has recently kicked off a highly ambitious expansion programme with an investment for over Rs.1 billion.

Ceylon Leather Products plans investment of Rs306mn in SAT

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.
 

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