Hayleys Advantis Ltd, part of the giant Hayleys group, has taken control of Sri Lanka Shipping Co, acquiring a 94.81 per cent in the company at Rs. 4.9 billion on August 23, the group said in an announcement to the Colombo Stock Exchange on Monday
“The acquisition is in line with the group’s strategy on expanding its maritime operations and paving the way for the establishment of the largest marine and shipping company in Sri Lanka,” it said.
Incorporated in 1956 and founded by Robert Senanayake, Sri Lanka Shipping Co is among the leading shipping and marine firms in Colombo. Its current board of directors (according to its website) is made up of Capt. Lester Paul Weinman (Chairman), Ms. Sonia Weinman, Mohamed Reza (Managing Director) and Ms. Feroza Delpechitrea. – ENDS -
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Villagers in Nirmalapura, Daluwa, Norochcholai today staged a protest over an incident where a group of Navy officials and sailors had assaulted a resident in the area over night, Police said.
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