Hayleys PLC (COSE:HAYL-N-0000) acquired 9.5% stake in Singer (Sri Lanka) PLC (COSE:SINS-N-0000) from Retail Holdings N.V. (OTCPK:RHDG.F) for LRK 1.7 billion on October 15, 2018. Retail Holdings N.V. sold 35.6 million for LRK 47 per share.

Hayleys PLC (COSE:HAYL-N-0000) completed the acquisition of 69.5% stake in Singer (Sri Lanka) PLC (COSE:SINS-N-0000) from Retail Holdings N.V. (OTCPK:RHDG.F) on October 15, 2018.