Public holding in The Kandy Hotels Co increases to 23-pct
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Public holding in The Kandy Hotels Co increases to 23-pct
ECONOMYNEXT – The public holding percentage of The Kandy Hotels Co (1938) PLC has increased from 15.98 in June to 23 percent, according to a stock exchange filing. The 7.02 percent increase was “due to non-public shareholders disposing of their shares in the market during the month of August,” the company said. Ambeon Holdings acquired a 6.09 percent stake of the ordinary voting shares of The Kandy Hotels Corporation (1938) PLC for 550.8 million…
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