ABOITIZ Equity Ventures Inc. (AEV) announced that both its Singapore subsidiaries, Gold Coin Management Holdings Pte. Ltd. (Gold Coin) and Glen Arbor Holdings Pte. Ltd. (Glen Arbor), will divest from its Sri Lanka feeds venture.
In a disclosure to the Philippine Stock Exchange, AEV gave notice that the two companies have entered into a share sale and purchase agreement with Sri Lanka's New Anthony's Farms (Private) Ltd. for the sale and disposition of 100-percent equity interest in Sri Lanka's Gold Coin Feed Mills Ltd. (GCFL).
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