Home
Register
ECONOMYNEXT - Sri Lanka's Lee Hedges Plc said it will not proceed with a planned Rs2.8 billion multi-storied serviced apartment project in the capital Colombo.
A stock exhange filing said the company had received notice from 11 shareholders collectively owing 2.76 million shares saying they disagreed with the proposed project on a land called ‘Colpetty Mills’.
The dissenting shareholders had asked Lee Hedges to buytheir shares given their disagreement with the invetsment plan.
The statement said the firm would have gone ahead with the project only if the performance of the island’s real estate indystry and economic climate ws “conducive to such an investment” and the company getting the funds.
(COLOMBO, Feb 27, 2017)
http://www.economynext.com/Lee_Hedges_drops_Rs2.8bn_Sri_Lanka_serviced_apartment_project-3-7440-4.html
A stock exhange filing said the company had received notice from 11 shareholders collectively owing 2.76 million shares saying they disagreed with the proposed project on a land called ‘Colpetty Mills’.
The dissenting shareholders had asked Lee Hedges to buytheir shares given their disagreement with the invetsment plan.
The statement said the firm would have gone ahead with the project only if the performance of the island’s real estate indystry and economic climate ws “conducive to such an investment” and the company getting the funds.
(COLOMBO, Feb 27, 2017)
http://www.economynext.com/Lee_Hedges_drops_Rs2.8bn_Sri_Lanka_serviced_apartment_project-3-7440-4.html
» CCS.N0000 ( Ceylon Cold Stores)
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
» When Will It Be Safe To Invest In The Stock Market Again?
» Dividend Announcements
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
» SEYB.N0000 (Seylan Bank PLC)
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
» The Korean Way !
» In the Meantime Within Our Shores!
» What is Known as Dementia?
» SRI LANKA TELECOM PLC (SLTL.N0000)
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
» Equinox ( වසන්ත විෂුවය ) !
» COMB.N0000 (Commercial Bank of Ceylon PLC)
» REXP.N0000 (Richard Pieris Exports PLC)
» RICH.N0000 (Richard Pieris and Company PLC)
» Do You Have Computer Vision Syndrome?
» LAXAPANA BATTERIES PLC (LITE.N0000)
» What a Bank Run ?
» 104 Technical trading experiments by HUNTER
» GLAS.N0000 (Piramal Glass Ceylon PLC)
» Cboe Volatility Index
» AHPL.N0000
» TJL.N0000 (Tee Jey Lanka PLC.)
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
» Bitcoin and Cryptocurrency
» CSD.N0000 (Seylan Developments PLC)
» PLC.N0000 (People's Leasing and Finance PLC)
» Bakery Products ?
» NTB.N0000 (Nations Trust Bank PLC)
» Going South
» When Seagulls Follow the Trawler
» Re-activating
» අපි තමයි හොඳටම කරේ !
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
» SAMP.N0000 (Sampath Bank PLC)
» APLA.N0000 (ACL Plastics PLC)
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
» Banks, Finance & Insurance Sector Chart
» VPEL.N0000 (Vallibel Power Erathna PLC)
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
» WATA - Watawala
» KFP.N0000(Keels Food Products PLC)
» Capital Trust Broker in difficulty?
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
» What Industry Would You Choose to Focus?
» Should I Stick Around, or Should I Follow Others' Lead?