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DateLine Tuesday, 22 July 2008

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News: All set for productive Summit in Colombo ...        Political: Action to prevent malpractices ...       Business: Best Air focus on Lankan potential ...        Sports: Mendis set to make Test debut ...

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Best Air focus on Lankan potential

Sri Lanka has tremendous business potential and this was the reason for Best Air Bangladesh to launch direct flights to Colombo said Chairman Best Aviation Ltd., M. Haider Uzzaman last evening in Colombo.

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SC rules LMSL share sales agreement illegal

The Supreme Court yesterday allowing the rights application against the sale of 90 per cent of shares in the Government-owned LMSL to JKH held that the rights of the petitioner and the public had been violated by the share transfer.

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Audit firm sacked

Hunters Company Limited, a listed company in the Colombo Stock Exchange (CSE) has called for an Extraordinary General Meeting (EGM) tomorrow (July 23) in pursuance of the requisition by the shareholders of the company.

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Overall market negative

Overall market was negative with the ASPI losing 32 points (-1.3%) to close at 2,381 and the MPI losing 38 points (-1.3%) to close at 2844. Total turnover was Rs 176 million, mainly due to transactions in Distilleries (Rs 54.2 million), Hotel Services (Rs 29.4 million) and Janashakthi Insurance (Rs 19.1 million)

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M. Haider Uzzaman exchanging the GSA agreement with Director FG holdings Suren R. Mirchandani. Picture by Shirajiv Sirimanne



 
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