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» EAST WEST PROPERTIES PLC (EAST.N0000)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyToday at 11:51 am by yellow knife

» HASU.N0000 (HNB ASSURANCE PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyToday at 10:32 am by yellow knife

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyYesterday at 8:09 pm by PANTOMATH

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Sri Lanka's EPF delay holding up hotel sale: East West EmptyYesterday at 6:33 pm by hammurabi

» Thread for News on CSE and SL Economy
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Apr 16, 2019 6:52 pm by NIRMALSG

» Dividend Announcement
Sri Lanka's EPF delay holding up hotel sale: East West EmptySat Apr 13, 2019 10:53 pm by nihal123

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Apr 12, 2019 5:27 am by dhanurrox

» HHL.N0000 ( Hemas Holdings PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» Thread for News on Local and Foreign Politics
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Apr 09, 2019 11:25 am by Ethical Trader

» අනං මනං! #/+?.<>
Sri Lanka's EPF delay holding up hotel sale: East West EmptyMon Apr 08, 2019 7:23 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
Sri Lanka's EPF delay holding up hotel sale: East West EmptyMon Apr 08, 2019 6:07 pm by NIRMALSG

» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
Sri Lanka's EPF delay holding up hotel sale: East West EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

» CONN.N0000
Sri Lanka's EPF delay holding up hotel sale: East West EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Apr 05, 2019 12:36 pm by Ethical Trader

» Micro Finance
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Apr 05, 2019 12:14 pm by yellow knife

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Apr 05, 2019 7:40 am by serene

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Sri Lanka's EPF delay holding up hotel sale: East West EmptyThu Apr 04, 2019 6:53 pm by NIRMALSG

» PLC.N0000 ( People's Leasing and Fiance PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyWed Apr 03, 2019 6:04 pm by NIRMALSG

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Sri Lanka's EPF delay holding up hotel sale: East West EmptyWed Apr 03, 2019 3:40 pm by catseye

» SAMP.N0000 (SAMPATH BANK PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Apr 02, 2019 12:38 pm by malanp

» Sinhala Cinema
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Apr 02, 2019 12:31 pm by yellow knife

» SEYB.N0000 ( SEYLAN BANK PLC )
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Apr 02, 2019 11:23 am by Backstage

» LIOC.N0000 (Lanka IOC PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Apr 02, 2019 11:15 am by LSE

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Apr 02, 2019 11:11 am by Backstage

» Plantation sector updates
Sri Lanka's EPF delay holding up hotel sale: East West EmptyMon Apr 01, 2019 2:13 pm by nihal123

» What to Analyse
Sri Lanka's EPF delay holding up hotel sale: East West EmptyMon Apr 01, 2019 8:00 am by yellow knife

» MTD WALKERS - KAPI
Sri Lanka's EPF delay holding up hotel sale: East West EmptyMon Apr 01, 2019 5:01 am by NIRMALSG

» VONE.N0000 (VALLIBEL ONE PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptySun Mar 31, 2019 6:09 pm by lanka

» In the Meantime, Within Our Shores !
Sri Lanka's EPF delay holding up hotel sale: East West EmptySun Mar 31, 2019 11:22 am by කිත්සිරි ද සිල්වා

» PB. N0000 (People's Bank)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Mar 29, 2019 5:33 pm by yellow knife

» Obituary Notice.
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Mar 29, 2019 5:07 pm by කිත්සිරි ද සිල්වා

» Happy Birthday
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Mar 29, 2019 9:58 am by Backstage

» Re: Financial reports Q1-2019
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Mar 29, 2019 7:45 am by serene

» Save Wilpattu !
Sri Lanka's EPF delay holding up hotel sale: East West EmptyThu Mar 28, 2019 1:58 pm by puliyanam

» Help him Today, so he can help another Tomorrow
Sri Lanka's EPF delay holding up hotel sale: East West EmptyThu Mar 28, 2019 7:49 am by serene

» HNB.N0000 ( Hatton National Bank PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Mar 26, 2019 6:18 am by pjrngroup

» අපිට විතරද පායන්නේ ?
Sri Lanka's EPF delay holding up hotel sale: East West EmptyMon Mar 25, 2019 9:06 pm by malanp

» Tourism sector
Sri Lanka's EPF delay holding up hotel sale: East West EmptyMon Mar 25, 2019 5:47 pm by NIRMALSG

» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
Sri Lanka's EPF delay holding up hotel sale: East West EmptySun Mar 24, 2019 12:11 pm by Ethical Trader

» රෝගීන් වෙනුවෙන් කැප වන සෞඛ්‍ය සේවාවක් වෙනුවෙන්.....
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Mar 19, 2019 9:34 am by AjithR

» JEWS OF SRI LANKA: AN UNTOLD STORY
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Mar 19, 2019 9:22 am by කිත්සිරි ද සිල්වා

» How Small We are in the universe
Sri Lanka's EPF delay holding up hotel sale: East West EmptyTue Mar 19, 2019 7:29 am by nihal123

» ඉස්සරහට අපි පරදින එකනම් ෂුවර් – ධම්මික ක්‍රිකට් ගැන කතා කරයි
Sri Lanka's EPF delay holding up hotel sale: East West EmptyFri Mar 15, 2019 2:59 pm by nuwanmja

» HAYL.N0000 Hayleys PLC
Sri Lanka's EPF delay holding up hotel sale: East West EmptyThu Mar 14, 2019 2:46 pm by yellow knife

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptySun Mar 10, 2019 8:36 pm by NIRMALSG

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Sri Lanka's EPF delay holding up hotel sale: East West EmptySun Mar 10, 2019 6:40 am by ruwan326

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Sri Lanka's EPF delay holding up hotel sale: East West

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Sri Lanka's EPF delay holding up hotel sale: East West Empty Sri Lanka's EPF delay holding up hotel sale: East West

Post by The Invisible on Mon Aug 20, 2018 10:41 am

ECONOMYNEXT - A delay by the Employees Provident Fund, a state-managed pension fund in coming up with a price for a 11 percent stake is delaying the sale of a hotel to a Singapore based firm, East West Properties said.

In March 2018, East West said it had signed a letter of intent with HPL Hotels and Resorts Pte Ltd, Singapore to sell a 72 percent stake in Weligama Hotel Properties Ltd.

In a stock exchange filing Friday, East West said HPL Hotels had said they only want a 100 percent stake.

But fund had not come up with a valuation of their 11.11 percent stake "despite all accounts and other details being available to the EPF though their representative" who is director of the hotel, East West the filing said.

No offer price was mentioned in the filing.
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Sri Lanka's EPF delay holding up hotel sale: East West Empty Re: Sri Lanka's EPF delay holding up hotel sale: East West

Post by nihal123 on Mon Aug 20, 2018 11:05 am

Thanks Inv
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Sri Lanka's EPF delay holding up hotel sale: East West Empty Re: Sri Lanka's EPF delay holding up hotel sale: East West

Post by The Invisible on Mon Aug 20, 2018 11:08 am

Thanks Nihal. EAST Directors continue to play with this stock based on this announcement saga. Wonder what the regulator is doing and has they taken any action over this unethical practice.
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Post by Ethical Trader on Mon Aug 20, 2018 5:49 pm

Thanks Invisible.
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