Wildlife and Nature Protection Society of Sri Lanka (Ceylon) announced that WNPS Bungalows in Yala, Wilpattu and Udawalawe is now open for Non members of WNPS at same fee as now and WNPS members will obtain at a special rate.
The Bungalows in Yala, Wilpattu are cater upto 10 passengers and Udawalawe for 8 Passengers.
For more details contact to Wildlife and Nature Protection Society of Sri Lanka (Ceylon) on 0112 887390
Colombo Stock Exchange (CSE) publish their trade summery for the 26th February 2015, see below key information of Colombo Stock Exchange Trade Summary, or click below link for details Colombo Stock Exchange Trade Summary published by Colombo Stock Exchange (CSE)
All Share Price Index (ASPI)
S&P Sri Lanka 20 Index
Click Here to see details Colombo Stock Exchange Trade Summary of 25th February 2015
The government of India has reduced the entrance fee to the National Museum of New Delhi for Sri Lankan nationals to INR 10.00 from the current rate of INR 300.00 , the Indian High Commission announced to news.
The High Commission said in a statement that Indian Prime Minister Narendra Modi had taken the decision during the visit of Sri Lankan President Maithripala Sirisena to India, after noting that Sri Lankan Nationals visit the museum in large numbers to pay homage to the Kapilavastu Relics.
In pursuance of the Prime Minister’s announcement, the entry fee to the National Museum for Sri Lankan nationals had been reduced and brought on par with the fee paid by Indian Nationals. The new rates will come into effect from April 1. Sri Lankan nationals will thereafter have to pay a nominal entry fee of INR 10 (against INR 300 currently) to view the rich and varied collection at the National Museum. Sri Lanka is the only country to be accorded this special status.
Central Bank of Sri Lanka has said that it had instructed all the banks to allow senior citizens who are over 60 years of age to avail them of the special interest scheme meant for them as announced in the interim budget of 2015, with effect from February 1, 2015.
Accordingly, senior citizens above the age of 60, who held fixed deposits not exceeding Rs.1 million in aggregate in all banks as at January 31, 2015, would be eligible for an interest rate of 15% per annum. Senior citizens who have reached the age of 60 after January 31, 2015 and hold fixed deposits not exceeding Rs.1 million will also be eligible for the same interest rate.
Senior citizens who opened fixed deposits of up to Rs.2.5 million prior to January 16, 2015, under the previous scheme, will be eligible for a 12%per annum interest rate
Railway passengers in Sri lanka would be able to enjoy free Wi-Fi facilities at some 100 selected railway stations in the country by April, the Railway Department said to news.
Under this programme Wi-Fi hotspots are due to be established in over 100 stations around the country with the support of Sri Lanka Telecom which is a leader in Telecommunication in Sri Lanka.
Railway Commercial Superintendent stated to media that “We are going to begin this programme next week from the Fort Railway Station. By April, there will be almost 100 railway stations with free internet access which enables passengers to access internet via smart phones or tablets”. And the infrastructure facilities for the project are still being constructed by the Railway Department in the selected railway stations.
Another joint project was launched by SLT and Mobitel that has provided access to free Wi-Fi hotspots on Intercity Express trains for passengers. It was launched by SLT Chairman, Kumarasinghe Sirisena yesterday in the Jaffna Station
B52 Night Club of Grand Oriental Hotel organized an ionic event of Baila Night on Every Friday and Saturday on 8.00Pm onwards. Enjoy Sri Lanka Baila and Have fun just for Rs. 500/- as an entrance fee. (Ladies Walk in Free)
For more details contact to 0773 441 425 / 0773 441 644 or see below image
The all new Attrage designed keeping the environmental conscious individual in mind with more mileage to a liter whilst offering the best in unbeatable comfort, uncompromised safety and latest technology.
Hot only is it fuel economical but also comes with a 2 year / 40,000km warranty and island wide after sales service making H the ideal choice for you at a special Price of Rs. 3,790,000/- upwards
For more details contact to United Motors Lanka PLC on 011 2448 112/4
0777 898 455
0773 444 376
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0773 858 096
0773 849 561
0773 595 269
0777 354 981
0773 325 521
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Showroom: 100, Hyde Park Corner, Colombo 2. Tel: 011 2 448 112/4, 0114 797 200
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The Colombo YMBA will award scholarships to students of schools in the neighborhood of the Colombo YMBA, Borella.
The schools include Ananda College, Nalanda College, Ananda Balika Vidyalaya, Devi Balika Vidyalaya, Gothami Balika Vidyakya, Yashodara Balika Vidyalaya, D.S. Sena-nayake College, Ratnaveli Balika Vidyalaya and Susamaya-wardhana Vidyalaya.
Scholarship recipients will be selected on the basis of a criteria adopted by the Colombo YMBA Trust Committee for students who have passed GCE O/L in 2013 and are continuing studies in AL classes. For details, contact Colombo YMBA Maj. Gen. Janmika Liyanage on Tel: 2682397 or via email email@example.com
Application forms for admission to Grade 1 – 2016 will be available from Wednesday, 18th February 2015 to Wednesday, 25th February 2015 from 8.00 a.m. to 12.00 noon, on school days only, from the School office. Last day for receiving applications by Registered Post will be Wednesday, 18th March 2015.
The Kandy Trinity College announces that the Application forms for the grand 1 admission for 2016 (age 5 By 31st January 2016) are available to personal callers only, on payment of Rs.1000/= & submission of the original birth certificate of the child, between 8.30 a.m. to 12.00 noon from 18th February to 26th February 2015 at the College.
Applications must be sent under Registered Cover, with “Application for Grade 1-2016” written on top left corner of the envelope, to the Principal,Trinity College, Kandy.
The Government has provided conditional relief to individuals who had opened Letters of Credit to import hybrid vehicles before the interim budget. Financial Ministry officials said they would not be charged new taxes until March 16.
The decision to provide relief to the individual importers of hybrid vehicles came after a series of discussions with the Finance Ministry. The relief will apply to those who have ordered hybrid vehicles below 2,500cc engine capacity.
Accordingly, individual importers will not be able to transfer the vehicle for four years from the date of registration. The vehicle should be registered under the importer’s name.
In the interim budget presented to parliament on January 29, those importing hybrid vehicles were required to pay additional taxes of more than Rs 600,000.
The move drew protests from individual vehicle importers and car sale owners. However, no relief has been provided to car dealers.
The company has allotted 30,874,541 shares, pursuant to the amalgamation. Out of such shares 30,717,222 shares were listed on 11th February 2015. The balance 157,319 shares which have been allotted will be listed upon the company obtaining the approval of the Controller of Exchange (i.e. in respect of non-resident shareholders).
The Board of Directors of Textured Jersey Lanka PLC (‘TJL’) has decided to initiate an independent valuation and due diligence study for the purpose of looking at the feasibility of acquiring controlling stakes in Ocean India (Pvt) Ltd (‘Ocean India’) and Quenby Lanka Prints (Pvt) Ltd (‘Quenby Lanka’). This is in pursuance of TJL’s on-going regional expansion and capability enhancement strategy. The decision to proceed with the acquisitions will be subject to findings of the study and the ensuing negotiations between all parties concerned.
Brandix Lanka Limited a 30% equity holder in TJL also has equity stakes in both Ocean India and Quenby Lanka. In this context a board subcommittee consisting of the Chairman of TJL-Mr. Bill Lam, two Independent Directors, namely Mr. Amitha Gooneratne and Prof. Malik Ranasinghe, and the Managing Director- Sriyan de Silva Wijeyeratne, have been appointed to oversee the progress of the transaction. The independent valuation will be conducted by M/s Ernst and Young, Chartered Accountants. Upon the conclusion of the study, if an agreement between all parties is successfully reached, further details including consideration and payment method will be disclosed to the market. The completion of the transaction is also subject to approvals from the Board of Investment of Sri Lanka and the shareholders.
Ocean India is a Knit Fabric manufacturer based in Visakhapatnam, India. TJL currently has a technical services agreement with Ocean India that has allowed TJL’s management to familiarize itself with the operations of Ocean India since October 2013.
Quenby Lanka is a leading Fabric Printer based in Sri Lanka. Quenby Lanka is currently a strategic vendor to TJL and is located in the Seethawaka International Industrial Park in very close proximity to the TJL production facility. As a strategically located vendor, over the years Quenby Lanka has developed a strong working relationship with TJL.
Provided the decision is made to proceed with the two acquisitions, the strong working relationships already established, should help speed up the business integration process and potentially launch TJL to the next level of solution provision, innovation, and regional growth, thereby adding significant long-term value to its shareholders and reinforcing its leadership stature within the fabric industry.
The following announcement is made in accordance with Section 8.1 of the Listing Rules of the Colombo Stock Exchange By Cargills (Ceylon) PLC on 13th February 2015.
Further to the disclosure dated 25 August 2014, we wish to inform you that on 12 February 2015 International Finance Corporation (IFC) subscribed to an 8% stake in the share capital of Cargills Foods Company (Pvt.) Limited (CFC), wholly owned subsidiary of Cargills (Ceylon) PLC (CCP).
Having received IFC Board approval and Conditions for Subscription duly complete, IFC has invested a sum of LKR 2,550Mn (approximately US$ 20Mn) to subscribe for the allotted shares, endorsing a pre-money equity valuation of Rs.29,325Mn for the Group’s Retail business.
Cargills Foods Company (Pvt.) Limited carries out the Retail operations of the Cargills Group, made up of the Cargills Food City and Cargills Food City Express supermarket chains.
Change the Position of Chairman and Director General – Urban Development Authority We wish to inform you that the Chairman and Director General of this Authority have been resigned from their positions with effect from 13 January 2015 and details of newly appointed Chairman and Director General are as follows.
Ranjit Michael Samual Fernando
7th Floor, Urban Development Authority, Sethsiripaya, Battaramulla
011 2873645 / firstname.lastname@example.org
Nayana Nadeesha Mawilmada
6th Floor, Urban Development Authority, Sethsiripaya, Battaramulla
011 2883301 / email@example.com
Also, please note that the changes in the Board of Management of Urban Development Authority will be informed as soon as these appointments are made.
Further to the previous announcement made on the 22nd day of January 2015, with reference to the amalgamation of ECL Soft (Pvt) Ltd with E-Chanr elling PLC in accordance with sec. 242(1) of the Companies Act No. 07 of 2007, it is hereby announced that the gazette notification pertaining to the said amalgamation was published on this day of 13tJl February 2015, in the government gazette, in accordance with sec. 242 (3) (a) of the Companies Act No. 07 of 2007.
Further, newspaper notices pertaining to such amalgamation were published in the Daily News, Dinamina and Thinakaran on the 27th day of January 1 015.
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