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Ceylon Hotels Corp to reduce capital to clear carry forward losses

2016-07-07 lankabusinessonline
July 07, 2016 (LBO) – Ceylon Hotels Corporation has called an EGM in September to seek shareholder approval for the reduction of its stated capital to wipe off their carry forward losses.

Hirdaramani opens Rs.450mn apparel factory in Mullaitivu

​One of the country’s leading apparel manufacturers, the Hirdaramani group, ceremoniously opened its latest Rs.450 million factory in Mullaitivu yesterday.