Unique merger of BOC Group MCSL and Ceylease

Friday, 27 September 2013 04:51 -     - {{hitsCtrl.values.hits}}

  • Job security of employees guaranteed
  • No discriminations
  • Business activities broad based and synergised
  • Minority shareholder interests well secured
A unique amalgamation of two BOC Group Companies, Ceylease Financial Services Ltd. with MCSL Financial Services Ltd., was successfully concluded recently. MCSL was a subsidiary of MBSL and associate company of BOC and Ceylease a subsidiary of BOC for 55% and 45% being held by Phoenix Group and Prime Lands Ltd.