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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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2 posters

    Sri Lanka gets 88 responses for Hilton, Hyatt sales

    The Invisible
    The Invisible


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    Sri Lanka gets 88 responses for Hilton, Hyatt sales Empty Sri Lanka gets 88 responses for Hilton, Hyatt sales

    Post by The Invisible Thu Oct 25, 2018 7:20 am

    ECONOMYNEXT- Sri Lanka has received expressions of interest from 88 international companies to purchase the Colombo Hilton and Grand Hyatt building, Finance Minister Mangala Samaraweera said

    "We have received expressions of interest from 88 international companies," Mangala Samaraweera said.

    The deadline for responses was also extended by two weeks to mid November, he said.

    Opposition member Vasudeva Nanayakkara had written to Prime Minister Ranil Wickremesinghe saying there was not enough time for investors to respond by the end of the month, and he would go to court.

    However the government had said only few details of the investor was required in the EOI, and no financial bids are required at this stage.

    Samaraweera said that the initial two week response period for the tender ads published in international media has now been expanded by another two weeks, to end in mid-November.

    The previous plan of floating the two companies on a special board on the Colombo Stock Exchange will not go ahead, Samaraweera said.

    He said it's too early to mention how much the government could raise from the sales.

    Colombo Hilton, which is a single tower hotel, has a foundation which allows another tower to be built with an investment of 4 billion rupees and 2 additional acres of land to build commercial or residential property, but the government doesn't have the cash to expand, the government said.

    It said that the yet-to-be completed Grand Hyatt has over 15 billion rupees in public funds invested.

    Lazard Asia of Singapore and MTI Consulting are financial advisors to the sale. (Colombo/Oct23/2018)
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    serene
    Top contributor
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    Sri Lanka gets 88 responses for Hilton, Hyatt sales Empty Re: Sri Lanka gets 88 responses for Hilton, Hyatt sales

    Post by serene Thu Oct 25, 2018 7:55 am

    The Invisible wrote:

    Opposition member Vasudeva Nanayakkara had written to Prime Minister Ranil Wickremesinghe saying there was not enough time for investors to respond by the end of the month, and he would go to court.


    Main point here is they are not opposing the sale.
    The Invisible
    The Invisible


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    Sri Lanka gets 88 responses for Hilton, Hyatt sales Empty Re: Sri Lanka gets 88 responses for Hilton, Hyatt sales

    Post by The Invisible Thu Oct 25, 2018 8:02 am

    serene wrote:
    The Invisible wrote:

    Opposition member Vasudeva Nanayakkara had written to Prime Minister Ranil Wickremesinghe saying there was not enough time for investors to respond by the end of the month, and he would go to court.


    Main point here is they are not opposing the sale.

    Because they know that they created this mess and someone else pays the price Very Happy

      Current date/time is Wed Jun 26, 2024 12:53 am