LTL Holdings aims to replicate success in East Africa, offering a blueprint for foreign investors after a record Initial Public Offering (IPO) in the Colombo Stock Exchange. LTL announced the largest IPO in the history of the Colombo Stock Exchange, at Rs. 20 billion. Explaining the company strategy Nuhuman Marikkar, LTL Holdings CEO in an exclusive interview with timsoneline noted that the company cottoned onto regional plans after Sri Lanka achieved nearly 100 per cent of electrification.
The Colombo–Kandy main road at Pahala Kadugannawa has been closed indefinitely after a deadly rockfall in the area that left six people dead and four others injured.
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