01.http://www.srilankaequity.com/2010/03/colombo-investment-trust-cit-crown.html
02.http://www.srilankaequity.com/2010/02/colombo-fort-land-building-company-plc.html
If any investor wants to take a control of Sri lanka's fastest growing diversified company CFLB - the best OPTION is to get the controlling stake of CIT Since it owns almost 14% of CFLB. Further with the cross share holding of CIT with CFI & CFLB companies will help to increase the CFLB stake further (more than 14%)for the investor who takes control of CIT.
Due to the low capital available a slight improvement in profits by its subsidiary companies will help to improve the bottom-line of CFLB significantly.
Just check this.
Last edited by venuja on Mon Feb 14, 2011 7:40 am; edited 2 times in total (Reason for editing : missing link)