Janashakthi Insurance Company Ltd (JICL) is planning to list on the Colombo Stock Exchange (CSE) this year, despite negative market conditions, a top official said.

Keells Hotels Ltd (KHL), the leisure arm of John Keells Holding (JKH) Plc, is scouting around for opportunities in Indochina and the Middle East, according to a top official at JKH.

Global Telecom Holdings (GTH), the parent company of Maxis Communications, the Malaysian telecommunications giant, is still interested in purchasing the 25.3 per cent stake in Sri Lanka Telecom (SLT) from Nippon Telegraph and Telephone Corporation (NTT), a Japanese company which currently owns 35.2 per cent of SLT shares, informed sources said.