Company filings, disclosures and news on Hunas Holdings PLC (HUNA), Industrial Conglomerates on the Colombo Stock Exchange, tagged by theme and scored for sentiment.
Hunas Holdings PLC has entered a partnership with Japanese investor Yoshimichi Watanabe to back the group's planned expansion in hospitality and real estate. The deal brings foreign capital and international experience as Hunas evaluates a series of developments, with further announcements expected.
Hunas Holdings (HUNA.N0000) said it has entered a partnership with Tokyo-based CCH Inc and investor Yoshimichi Watanabe, effective Sept 14, to support expansion of its real estate and hospitality businesses and drive long-term growth.
Colombo Stock Exchange closed down as the ASPI fell 0.58% to 21,139.31, with market turnover at 1.63 billion rupees. Food, Beverage & Tobacco led turnover at 782.3 million rupees; notable movers included Namunukula, Pan Asia Bank and Ceylon Cold Stores (up) and John Keells, Melstacorp, RIL Property and Cargills (down); Hunas Holdings entered a partnership with Tokyo-based CCH Inc for its real estate and hospitality businesses effective Sept 14.
Colombo Stock Exchange closed marginally up, ASPI +0.03% at 21,325.64 on Rs1.28bn turnover; banks led turnover. Top contributors included Ceylinco Insurance, Haycarb, Dipped Products and National Development Bank, while Browns Investments, Carson Cumberbatch, Melstacorp and Hemas were laggards; Hunas announced a strategic partnership with Tokyo-based CCH Inc.
Hunas Holdings PLC announced a strategic collaborative partnership with Japan's CCH Co., Ltd. to explore new growth opportunities in Sri Lanka, leveraging CCH's experience in BPO, in-house services, investment, M&A and business development.
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