ECONOMYNEXT – Sri Lanka’s Aitken Spence Hotel Holding said it was selling MPS Hotels (Pvt) Ltd for 740 million rupees.
The buyer was not disclosed.
MPS Hotels owns Hotel Hilltop in Kandy in central Sri Lanka.
MPS Hotels is carried in the books of Aitken Spence Hotels at 307 million rupees.
The stock closed at 37.00 rupees Friday. (Colombo/Sept21/2017)