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Sri Lanka’s LOLC inks deal to sell Cambodian unit to Korea’s Kookmin

Sri Lanka’s LOLC Holdings said it has signed two agreements to sell its Cambodian sub-subsidiary PRASAC to Korea’s Kookmin Bank for 603 million US dollars.

Sri Lanka stocks gain on LOLC’s Cambodia deal

Sri Lanka’s stocks closed 0.59 percent higher on Friday, gaining on LOLC Holdings, provisional data showed.