Jetwing Group buys beach resort in Ambalangoda for Rs. 356 m

Thursday, 10 April 2025 00:04 -     - {{hitsCtrl.values.hits}}

Jetwing Group has acquired Dream Beach Resort Ltd., in Ambalangoda for Rs. 356.1 million.

The acquisition is by The Lighthouse Hotel PLC, in which Jetwing holds around 45% stake, and Mercantile Investments and Finance PLC (17%).

The acquired company operates a 21-room Hotel J Ambalangoda.

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