Nimal Perera sells stake in Sri Lankaâ€™s Kalamazoo
ECONOMYNEXT – High net-worth investor Nimal Perera sold his controlling stake in Kalamazoo Systems to Renuka Holdings for almost Rs50 million Wednesday, a stock exchange filing said.
Renuka bought altogether 34,325 shares of Kalamazoo or an almost 70% stake at Rs1,428 a share.
Nimal Perera bought his stake in Kalamazoo Systems, a virtual shell company, in September 2015 at Rs1,067 a share.
(COLOMBO, July 20, 2016)