John Keells Holdings (JKH) said on Thursday that it has finalized its funding strategies for the mega waterfront project in Colombo. In a statement to the Colombo Stock Exchange, the company said: “the project company, Waterfront Properties Pvt Ltd, a subsidiary of the company, has finalized a syndicated project development facility amounting to US$395 million with Standard Chartered Bank, thus concluding the required debt financing of the project”.
The final rites of veteran broadcaster, writer, and lyricist Nirmala de Alwis will be held today at Peradeniya.
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