Nimal Perera sells stake in Sri Lanka’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)

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