Dhammika Perera buys the One of Largest Garment Factory in Sri Lanka.

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Hayleys Fabric PLC yesterday (22) acquired a majority stake in South Asia Textiles, one of the largest manufacturers of knit fabrics for the export oriented market. Hayleys Fabric PLC Chairman Mohan Pandithage said the acquisition was a strategic move to further expand its export-oriented garment industry.

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