MAS Holdings announces new joint venture with Best Pacific

From left: MAS Holdings Director Group Human Resources Shakti Ranatunga, Best Pacific International Holdings General Manager Sales and Marketing Dilly Zheng, MAS Holdings Director Group Finance Sudarshan Ahangama, Trischel Fabric Chief Executive Officer Dhanushka Fernando, MAS Holdings Deputy Chairman Sharad Amalean, Best Pacific International Holdings Chief Executive Officer Kane Zhang, Trischel Fabric Chief Operating Officer Jonathan Jia, Best Pacific International Holdings Chief Finance Officer Jack Chan and Best Pacific International Holdings Vice President Roger Zu

MAS Holdings entered into a joint venture agreement with Best Pacific International Holdings Ltd. earlier this year, which was formalised on 1 August with the official signing ceremony. This joint venture (Trischel Fabric Ltd.) aims to further elevate the expertise and capabilities of producing warp and weft knitted synthetic fabrics in Sri Lanka. The partnership was disclosed to the media during a ceremony at Trischel Fabric in Thulhiriya on 5 September.