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» "පියසේනට දැං සනීපයි..."
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyToday at 8:29 am by yellow knife

» What's going to happen
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyToday at 6:26 am by serene

» Thread for News on CSE and SL Economy
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyYesterday at 8:22 pm by ruwan326

» Dividend Announcement
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyYesterday at 4:52 pm by Ethical Trader

» TJL.N0000 (Textured Jersey Lanka PLC.)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyYesterday at 11:50 am by serene

» CFVF - First Capital
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyYesterday at 7:43 am by serene

» විද්‍යාව මිස්ගේ පාඩම...
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jul 17, 2019 7:27 am by sanjulanka

» Trading Journal
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jul 16, 2019 11:50 pm by pathfinder

» වචන නම් අපේ ඒත් තනුව ?????????
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jul 16, 2019 8:08 pm by Rana

» Access Engineering AEL Technical Analysis
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jul 15, 2019 3:07 pm by NIRMALSG

» Tourism sector
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Jul 14, 2019 8:57 am by NIRMALSG

» Cricket, meet Capitalism
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jul 12, 2019 1:24 pm by කිත්සිරි ද සිල්වා

» LFIN - LB Finance
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jul 11, 2019 11:27 am by Ethical Trader

» අපි නොදන්න චෙස් කිව්වලු !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jul 09, 2019 6:25 pm by serene

» Stock Market to stay Bullish
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jul 08, 2019 7:51 am by කිත්සිරි ද සිල්වා

» Is an emoji a word or a gesture?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jul 08, 2019 7:46 am by කිත්සිරි ද සිල්වා

»  Rajgama Heroes !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jul 08, 2019 7:39 am by කිත්සිරි ද සිල්වා

» HHL.N0000 ( Hemas Holdings PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Jul 07, 2019 12:25 pm by dhanurrox

» Checkmate, meatbags !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Jul 07, 2019 7:20 am by spw19721

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySat Jul 06, 2019 8:13 am by කිත්සිරි ද සිල්වා

» සංචාරක පැමිණීම ක්‍රමයෙන් යහපත් වන ලකුණු
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jul 05, 2019 6:11 pm by serene

» SAMP.N0000 (SAMPATH BANK PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jul 04, 2019 8:55 am by serene

» Easter Sunday Attack and Sri Lanka
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jul 04, 2019 8:46 am by කිත්සිරි ද සිල්වා

» අනං මනං! #/+?.<>
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jul 03, 2019 10:07 pm by ruwan326

» First capital holdings
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jul 03, 2019 1:37 pm by serene

» What to Analyse
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jul 01, 2019 11:33 am by serene

» අනිසි ලෙස කොටස් මිල හැසිර වූ ආයෝජකයින් දෙදෙනෙකුට සුරැකුම්පත් කොමිසමෙන් නඩු
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jun 28, 2019 2:11 pm by Ethical Trader

» අද වෙන්දේසියේ දී බිල්පත් පොළිය පහළට.
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jun 28, 2019 7:46 am by serene

» AAIC.N0000
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jun 28, 2019 7:33 am by serene

» SERV - The Kingsbury
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 27, 2019 8:27 pm by ruwan326

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jun 26, 2019 2:22 pm by nuwanmja

» Life After Google
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jun 25, 2019 5:28 pm by කිත්සිරි ද සිල්වා

» S&P ශ්‍රී ලංකා 20 දර්ශකයේ වෙනසක්. CTC, NTB, රිචඩ් පීරිස් සහ ටෝක්යෝ සිමෙන්ති ඉවතට
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jun 25, 2019 6:37 am by nihal123

» Future of Tea Industry
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jun 24, 2019 6:54 pm by hammurabi

» Cricket !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jun 24, 2019 2:22 pm by කිත්සිරි ද සිල්වා

» DIPD.N0000 (Dipped Products)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jun 24, 2019 11:40 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Jun 23, 2019 9:14 pm by hammurabi

» මිල සූත්‍රය වැරදුණාද, වැරැද්දුවාද?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jun 21, 2019 5:25 pm by Ethical Trader

» Happy Father's Day !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jun 17, 2019 8:58 pm by spw19721

» DPL.N0000 (Dankotuwa Porcelain PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Jun 16, 2019 7:12 am by NIRMALSG

» Re: Financial reports Q1-2019
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jun 14, 2019 8:57 pm by dhanurrox

» SEYB.N0000 ( SEYLAN BANK PLC )
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 13, 2019 8:11 pm by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 13, 2019 8:08 pm by ruwan326

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 13, 2019 8:06 pm by ruwan326

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 13, 2019 7:58 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 13, 2019 7:57 pm by ruwan326

» HDFC.N0000 (HOUSING DEVELOPMENT FINANCE CORPORATION BANK OF SRI LANKA)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 13, 2019 7:48 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 13, 2019 7:45 pm by ruwan326

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jun 13, 2019 7:43 pm by ruwan326

» Should CSE be like this? Whose FAULT is it?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jun 12, 2019 5:21 pm by Yin-Yang

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Sri Lanka gets 88 responses for Hilton, Hyatt sales

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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 on 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)
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 serene on 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.

serene
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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 on 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
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