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.
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The Supreme Court has suspended the payment of Rs. 150 million to a construction company that was arranged unlawfully, allegedly under the instruction of Minister Bandula Gunawardhana.
Former MP and Minister Kumara Welgama (74) passed away at a private Hospital today morning.
Former MP Imthiaz Bakeer Markar has been appointed as the new Chairman of the Samagi Jana Balawegaya (SJB).
Senior DIG Priyantha Weerasooriya has been appointed as the acting Inspector General of police today.
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