Sri Lanka, Sept. 8 -- Atarah Capital last week successfully completed Myland Developments' (MDL) journey from its Colombo Stock Exchange (CSE) listing to the sale of a controlling interest, marking a new chapter in the company's growth story.

Founded in 2017 by real estate industry veteran Nalin Perera, MDL entered the market with the vision of helping Sri Lankans purchase affordable land to build their dream homes. Specializing in the development and sale of land plots for both residential and commercial use, the company quickly established itself as a trusted name in the industry.

In FY 2021, MDL reported a turnover of Rs. 167 million and a Net Profit After Tax (NPAT) of Rs. 25 million. To capitalize on industry growth, MDL raised Rs....