📈 Milford Exports Increases Stake in Melstacorp PLC

Ultimate parent Milford Exports Ceylon Ltd. has strengthened its position in Melstacorp PLC through a fresh share acquisition. • Transaction Details: Acquisition of 1.0 million shares at a price of Rs. 179.00 per share. • Shareholding Shift: Total stake increased from 42.80% to 42.88% (totaling 499,819,000 shares). • Strategic Impact: This move consolidates control over one of Sri Lanka’s largest conglomerates, which serves as the holding company for vital sectors including beverages (Distilleries Company of Sri Lanka), tourism & logistics (Aitken Spence PLC), and plantations (Madulsima and Balangoda Plantations). • Portfolio Breadth: The group maintains a diversified footprint across insurance, healthcare (Melsta Hospitals), and ICT (Melsta Technologies), reflecting its significant role in national employment and economic diversification. _Note: Summary based on transaction data as of February 9, 2026._ ---