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.
Former State Minister Lohan Ratwatte passed away today while receiving treatment at a private hospital in Colombo, his family said. He was 57. Recently, he was admitted to hospital following an illness.
Among the top news stories reported today were the passing away of former State Minister Lohan Ratwatte, questioning of NPP Leader Wimal Weerawansa by the CID over the remarks he made about the Easter Sunday attack investigations and a protest march held in Borella calling an end to Israel’s continued bombardment of Gaza.
Two persons reportedly involved in the murder of a resident in Peradeniya following a dispute over a chocolate worth 10 cents has been remanded by the Magistrate when Peradeniya Police produced them in court.
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