SINGAPORE (Feb 4): Catalist-listed theme park developer and operator Sim Leisure Group is marking its foray into new geographic regions, with an entry into Sri Lanka.
The Penang-based group on Tuesday announced the signing of a non-binding memorandum of understanding with Elpitiya Plantations to bring its ESCAPE theme parks to Sri Lanka.
Elpitiya is an associated company of blue chip conglomerate Aitken Spence. Both companies are listed in Sri Lanka.
Under the agreement, Elpitiya will sublease land for...(click on link for full story on theedgesingapore.com)