A former MTD Walkers PLC director will buy the beleaguered construction firm, the company told the Colombo Stock Exchange (CSE) in a letter, the CSE website said on Monday.
Ravindranath Srilal Wijeratne better known as Ravi Wijeratne, owner of Rank Holdings who was a former director at MTD mired in losses will be buying its Malaysian investors' shares, the letter which was received by the CSE last Friday said.
So, MTD Capital Berhad will be shedding 90.78 per cent shares, the letter said. Last year Mr. Wijeratne resigned from the board. (DEC)
The funeral of arguably the Queen of the Sinhala cinema Malini Fonseka, will be held with state honours on Monday, May 26, 2025, at the Independence Square.
Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
Three Electoral Organisers of the Samagi Jana Balawegaya tendered their resignations.
Leave Comments