Broga Hill Investments Ltd, an arm of Malaysia’s sovereign fund Khazanah Nasional, sold its entire 10.8 per cent of John Keels Holdings (JKH) in early trade on Thursday in a Rs. 22 billion deal.
Stockbrokers speculate the buyer could be a big local business or a foreign institutional buyer.
In 2012 March, Broga Hill acquired 8.885 per cent and subsequently increased its JKH holding to 10.8 per cent. Local business tycoon Harry Jayawardena also increased his shareholding in the leading blue chip to nearly 9.8 per cent in a 12 month period as at June last year. (DEC)
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
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