Nov 07, Colombo: Royal Ceramics Lanka, a market leader of porcelain bath ware and ceramic tiles manufacturing, has incorporated a company in Australia.
The company, Rocell Pty Ltd. has been incorporated under the laws of Australia with a proposed initial investment of Rs. 61.5 million (AUD 525,000), the company said in a stock market disclosure Friday.
The fully owned subsidiary of Royal Ceramics Lanka will engage in the wholesale and retail of business floor and wall tiles and bath ware in Australia.