Browns Investments PLC #43202
Created at
2020-11-30
Last update
2020-12-01
1 Parents (Involvements as child)
ID
Name
LOLC Holdings PLC
Country of registration/origin
Sri Lanka
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Comment
In the opinion of the Board of Directors, the Group’s immediate parent company is Brown & Company PLC, which holds 42.21% of issued ordinary shares of Browns Investments PLC and ultimate parent undertaking and controlling party as at the date of financial position is LOLC Holdings PLC, a Company incorporated and domiciled in Sri Lanka.
1 Children (Involvements as parent)
ID
Name
B Commodities ME (FZE)
Country of registration/origin
United Arab Emirates
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
Browns Investments PLC is the holding company of BI Commodities and Logistics (Private) Limited. BI Commodities and Logistics (Private) Limited holds 100% in its offshore subsidiary B Commodities ME (FZE) incorporated in Sharjah, UAE.
1 Deals (Involvements as Operating company)
ID
Target country
Kenya
Current intention of investment
Food crops Timber plantation for wood and fiber
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
10 300 ha