Pharma Buy

Adam Investments ups stake in Sri Lanka pharma company June 26, 2014 (LBO) - Adam Investments Ltd, said it had increased a stake in PC Pharma Ltd, a pharmaceuticals company, to 25.7 percent by purchasing shares over the past two days.Adam Investments said it bought 4.4 million shares on June 24 and 2.9 million shares in June 25 adding to recent purchases of stock in the company, the firm said in a stock exchange filing.

The firm had paid prices of 1.60 rupees and 1.70 rupees for the stock.

On June 25, Adam Investments said it had bought 18.5 million shares at prices ranging from 1.20 to 1.60 rupees.

On June 24, PCH Holdings said it had sold 500,000 shares at 1.20 rupees. Bookmark and Share

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