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Ceylon Leather Products subsidiary suspends operations Vote_lcap68%Ceylon Leather Products subsidiary suspends operations Vote_rcap 68% [ 178 ]
Ceylon Leather Products subsidiary suspends operations Vote_lcap18%Ceylon Leather Products subsidiary suspends operations Vote_rcap 18% [ 47 ]
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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Ceylon Leather Products subsidiary suspends operations

Ceylon Leather Products subsidiary suspends operations

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Melissa Pereira


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Palla and Company (Pvt) Ltd a subsidiary of Ceylon Leather Products PLC (CLPL), said it has suspended its operations since 31 August 2015.

Palla and Company (Pvt) Ltd is a footwear manufacturing company, approved project of the Board of Investment of Sri Lanka focused to the European and American markets.


Ceylon Leather Products PLC (CLPL), a subsidiary of Environmental Resources Investment PLC (ERI), has ...acquired a 60% stake in footwear exporter - M/s Palla & Company (Pvt) Ltd, at Rs. 418 million including preference shares in early 2012.


The company earlier said that, "its 100% of the productions were exported of which 40% goes to Italy. The Palla team consists of Italian, Brazilian, Romanian experts who have extensive experience in shoe designing and production."

Courtesy: Ceylon Financial Today 10 September 2015

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Usual case Greggers become beggers

sureshot

sureshot
Vice President - Equity Analytics
Vice President - Equity Analytics
@Jiggysaurus wrote:Usual case Greggers become beggers

Do u hold any Greg ? Very Happy

sampath.anuradha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@sureshot wrote:
@Jiggysaurus wrote:Usual case Greggers become beggers

Do u hold any Greg ? Very Happy
what about Greg.n

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Pallath Pallamata yavalada  ?    a SriLankan workforce with Italian and Brazilian management.

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