Amidst a burgeoning number of initial public offerings (IPOs) slated for sectors such as hotels, power and energy, finance, healthcare and food; a new category is also gaining interest in the public eye: the IT sector.
Paints giant Lankem Ceylon PLC (LCP) is moving big-time into the hotel sector, acquiring a majority stake in Weligama Bay Hotel, and looking at other opportunities while pushing ahead with plans to export paint, its core business activity, officials said.
