ODEL, a subsidiary of Softlogic Holdings Ltd (SHL), saw 92 per cent of the company trade on Tuesday on a turnover of Rs. 6.2 billion at the Colombo Stock Exchange.
Analysts said it is believed to be an inter company transfer. In the morning, by 10.30 am it saw Rs. 3 billion worth of trades. SHL has 97 per cent in ODEL.
In August, Odel acquired 100 per cent stake of Cotton Collection (Pvt) Ltd from Niloufer Esufally Anverally for Rs. 300 million. (DEC)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
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
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
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