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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyToday at 2:20 pm by nuwanmja

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyToday at 11:54 am by yellow knife

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyToday at 11:25 am by Rana

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyToday at 9:48 am by LSE

» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jan 24, 2020 7:05 am by nihal123

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jan 24, 2020 6:37 am by nihal123

» SAMP.N0000 (Sampath Bank PLC)
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jan 23, 2020 5:55 pm by NIRMALSG

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 22, 2020 10:20 am by lanka

» In the Meantime, Within Our Shores !
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jan 21, 2020 10:17 am by කිත්සිරි ද සිල්වා

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jan 20, 2020 9:29 pm by nihal123

» Obituary Notice.
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jan 14, 2020 4:14 pm by ipo

» LOLC Holdings
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jan 13, 2020 6:04 pm by smallville

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Jan 12, 2020 10:06 pm by subash

» Happy Birthday
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySun Jan 12, 2020 9:16 pm by lanka

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jan 09, 2020 5:40 pm by subash

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jan 09, 2020 10:42 am by The Invisible

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 08, 2020 10:48 pm by The Invisible

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 08, 2020 10:44 pm by The Invisible

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 08, 2020 10:39 pm by The Invisible

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 08, 2020 10:30 pm by The Invisible

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 08, 2020 10:21 pm by The Invisible

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 08, 2020 10:19 pm by The Invisible

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jan 07, 2020 2:05 pm by nihal123

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Jan 07, 2020 1:18 am by Afourer

» Cartoon Today
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyMon Jan 06, 2020 2:41 pm by කිත්සිරි ද සිල්වා

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySat Jan 04, 2020 7:36 pm by spw19721

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Jan 03, 2020 11:55 am by nihal123

» How to get Access to: 104 Technical trading experiments by HUNTER
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Jan 02, 2020 9:20 am by Admin

» ලංකාවේ ලොකුම සමාගම මෙන්න. දුම්කොළ සමාගම අභිබවමින් ජෝන් කීල්ස් යළිත් පෙරමුණට
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 01, 2020 7:48 pm by Rana

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 01, 2020 4:43 pm by nuwanmja

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 01, 2020 4:26 pm by NIRMALSG

» Sri Lanka bank bad loans spike to 4.9-pct, non-banks 9.7-pct in Sept
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Jan 01, 2020 9:29 am by The Invisible

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Dec 31, 2019 6:33 pm by nihal123

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Dec 31, 2019 1:55 am by Trend

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Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Dec 26, 2019 9:23 pm by spw19721

» Thought for the day...
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Dec 26, 2019 3:41 pm by Topcat

» ඩොක්ටර් ඒලියන්ත වයිට්
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Dec 26, 2019 9:15 am by කිත්සිරි ද සිල්වා

» Why (Happy) People Cheat?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Dec 25, 2019 8:34 pm by pjrngroup

» Who killed Cock Robin?
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Dec 25, 2019 8:33 pm by pjrngroup

» 65 Ways to Make Money Online
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Dec 24, 2019 9:24 am by Topcat

» සුළු හා මධ්‍ය පරිමාණ ව්‍යාපාරිකයින් ලබාගත් ණය අයකර ගැනීම අත්හිටුවන්න
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Dec 24, 2019 8:50 am by Topcat

» ACL Cables
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptySat Dec 21, 2019 5:34 am by NIRMALSG

» Sri Lanka to up employer EPF contribution to 15-pct, start social security fund
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Dec 18, 2019 2:46 pm by The Invisible

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyFri Dec 13, 2019 12:37 pm by serene

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» රතු වැටෙනකොට
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
Sri Lanka gets 88 responses for Hilton, Hyatt sales EmptyTue Dec 10, 2019 5:23 pm by Backstage

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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)
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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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