Sri Lanka’s Capital Alliance group exits tea broking firm

ECONOMYNEXT – An 81 percent stake of listed Ceylon Tea Brokers Plc was sold on the Colombo Stock Exchange with its parent Capital Alliance Holdings, exiting, brokers said.

On Monday 92.7 million shares traded at 4.30 rupees.

Market sources said the stock was bought by existing directors of the firm.

Capital Alliance is a financial group which has interests in stock and bond trading and wealth management. (Colombo/Jan08/2018)

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