Diesel and Motor Engineering (Dimo) said this week that it plans to fund its recent repurchase of Dimo shares from the Hayleys Group though a series of options including sale of company property, selling off stocks in other companies and floating a rights issue.
The JVP-led strike on Thursday demanding extra wages for workers will severely impact on business and the private sector as it will paralyse essential services, the country’s leading chambers of commerce say.