HSBC Colombo Fashion Week – 11th to 14th March 2015

HSBC proudly present the Colombo Fashion Week festive from 11th to 14th March 2015, this Colombo Fashion Week Festive is a 12 years consecutive event in Colombo Event Calendar.

The events are fulfill of the special shows and workshops and happening as below stated

 

DESIGN TRUNK SHOW

12th to 14th March 2015

From 10 AM collections retail

 

MAIN SHOWS

12th to 14th March 2015

20 Sri Lankan and 7 international designers

 

WORKSHOPS

12th to 14th March 2015

By international fashion experts

 

BRIGHTSPARK SHOWS

11th March 2015

Ten Designers

 

AFTERPARTIES

13th – 14th March 2015

10 PM ONWARDS

 

FASHION+FOOD

8th to 15th March 2015

Special menus at 6 restaurants

 

For more details see below image

HSBC Colombo Fashion Week - 11th to 14th March 2015
HSBC Colombo Fashion Week – 11th to 14th March 2015

Cargills Bank

The Cargills Bank is one of the banking services from the Cargills Ceylon PLC, offers range of banking services to Srilankan at great manner.

 

Savings A/C

  • Normal savings accounts
  • Senior citizen savings accounts
  • Business savings accounts
  • Children savings accounts
  • Miscellaneous savings accounts

 

Current A/C

  • Corporate current accounts
  • Personal current accounts
  • Miscellaneous current accounts

 

Fixed Deposits

  • Regular fixed deposits
  • Senior citizen fixed deposits
  • Cargills Bank Enhancer

 

Trade

  • Import trade facilities
  • Export trade facilities
  • Bonds and Bank Guarantees

 

Loans and Advances

  • Cargills Bank Home Loan
  • Cargills Bank Personal Ivan

For more detail contact to Cargill Bank on  011 7 640 000

Cargills Bank
Cargills Bank

Stay Weekend at Ban Reef and enjoy Free Dolphin Watching at Kalpitiya

Surround yourself with the unforgettable in Kalpitiya, come see the spectacular acrobatic dolphins on a FREE dolphin watching excursion whenever you book a weekend stay with us.

Terms & Conditions apply

For more details contact to Alankuda Beach (Pvt) Ltd, 11, Polmyrah Avenue, Kalpitiya Road, Alan kuda, Ettalai.

For more details contact to Alankuda Beach (Pvt) Ltd on +94 777219218 (Reservations) or see below image

Stay Weekend at Ban Reef and enjoy Free Dolphin Watching at Kalpitiya
Stay Weekend at Ban Reef and enjoy Free Dolphin Watching at Kalpitiya

Department of Wildlife Bungalows are Open for Public

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

Or see below image

Department of Wildlife Bungalows are Open for Public
Department of Wildlife Bungalows are Open for Public

Colombo Stock Exchange Trade Summary – 26th February 2015

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)

Price Indices Today Previous Day
All Share Price Index (ASPI) 7,317.44 7304.61
S&P Sri Lanka 20 Index 4,122.28 4,119.22
Turn over

1,379,861,400.90

Share Volume

31,389,359

 

Click Here to see details Colombo Stock Exchange Trade Summary of 25th February 2015

 

 

Sri Lankans to pay less at National Museum in New Delhi

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.

 

Senior Citizen Fixed Deposits new interest rates, Deposits Less than 1 Million 15% and Deposits Less than 2.5 Million 12% per Annum – Confirmed by Central bank of Sri Lanka

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

Free Wi-Fi access in Sri Lanka Railways Station for rail passengers

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

Leasing Options for Suzuki Celerio, Suzuki Alto, Hyundai Eon and Micro Panada from Citizens Development Business Finance PLC

Now is your good time to plan your second vehicle with Citizens Development Business Finance easy leasing options.

Pay down payment of Rs. 150,000.00 and drive your vehicles and pay your monthly installment from Rs. 19,999/- onwards.

And get a special price Rs. 50,000 less from their original price for Citizens Development Business Finance for your leasing as below

Maruti Suzuki Celerio for Rs. 2,390,000/- (Rs. 2,540,000.00 worth)

Maruti Suzuki Alto for Rs. 1,465,000/- (Rs. 1,525,000.00 Worth)

Hyundai Eon for Rs. 1,950,000/- (Rs. 2,200,000/- worth)

Micro Panda Rs. 1,245,000/- (Rs. 1,545,000/- Worth)

Don’t delay for your dream car, book today and drive today at your convincence finance, for more details see below image or contact to  Citizens Development Business Finance PLC on 0117 388 388

Leasing Options for Suzuki Celerio, Suzuki Alto, Hyundai Eon and Micro Panada from Citizens Development Business Finance PLC
Leasing Options for Suzuki Celerio, Suzuki Alto, Hyundai Eon and Micro Panada from Citizens Development Business Finance PLC

Baila Night on every Friday & Saturday at B52 Night Club, Grand Oriental Hotel

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

Baila Night on every Friday & Saturday at B52 Night Club, Grand Oriental Hotel
Baila Night on every Friday & Saturday at B52 Night Club, Grand Oriental Hotel

Mitsubishi Attrage for Rs. 3,790,000/- Upwards from United Motors

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

Nugegoda 0777 898 455
Anuradhapura 0773 444 376
Kandy 0773 608 859
Nuwara Eliya 0773 858 096
Kurunegala 0773 849 561
Matara 0773 595 269
Ratnapura 0777 354 981
Jaffna 0773 325 521
Channa 0773 675 491
Sachin 0777 334 366

 

Showroom: 100, Hyde Park Corner, Colombo 2. Tel: 011 2 448 112/4, 0114 797 200
or see below image

 

Mitsubishi Attrage for Rs. 3,790,000- Upwards from United Motors
Mitsubishi Attrage for Rs. 3,790,000- Upwards from United Motors

Learn Private Pilot Licensing the International Aviation Academy of New Zealand

Complete your Private Pilot License leading to Integrated Commercial Pilot License with Instrument Rating, Multi Engine endorsements and ATPL Theory in well under 18 months.

Students can benefit by learning to fly in both Sri Lanka and New Zealand and obtain a Commercial Pilot License with Instrument Rating and ATPL Theory issued by Civil Aviation Authority of Sri Lanka.

Meet the representatives of The International Aviation Academy of New Zealand, On

Tuesday, 17th February 2015 From 10 am to 4 pm At Dorchester Hall, Level 10 The Kingsbury Hotel , Colombo

For more information contact Dineth Fernando on 038-2241665 / 077-4944626 or visit 131/4 Horana Road, Panadura

Or see below image

——————————————————————————————————————————————————–

Aspired to be an airline pilot? We will help you achieve your dream of becoming a pilot through our expertise services faster than any country in Asia ever before. We pioneer in the field of aviation in assisting you obtain your world class pilot license, despite any part of the globe you come from, with international recognition, yet with an attractive and affordable package to suit your requirement. Dream big being connected to us and our professional and friendly service will keep them alive by giving it your hands.

Contact us now

Phone: 0094-7-277-255-40

WhatsApp: 0094-75-0123-999

Make a missed call or send a SMS as “PILOT SL” to 0094-7-277-255-40 to obtain a call from our consultants.

E-mail: pilottraining@rptgroups.com

 

 

Learn Private Pilot Licensing the International Aviation Academy of New Zealand
Learn Private Pilot Licensing the International Aviation Academy of New Zealand

LG Washing Machine Sale in Sri Lanka

Abans Sri Lanka announces a special promotion for the optimal washing performance with 6 different motions more motion, better care,

LG Dryer WD 14080RDS Fully Automatic for Rs. 179,900.00

  • 6 Motion technologies
  • Inverter direct
  • Drive motor
  • Saves energy,
  • less roise
  • Stainless steel -tub

 

LG WD-1280QDP for Rs. 134,900.00

  • 8kg fully Automatic
  • Slain free wash
  • Inverter direct drive motor, Saves energy and less noise

 

LG WFT7064E for Rs. 59,900.00

  • 7kg Fully Automatic
  • Turbo Drum, Rotating drum for cleaner wash
  • Auto Re start
  • Delay Start Function

 

LG WD 1270QDP for Rs. 119,900.00

  • 7kg Fully Automatic
  • Stain free wash
  • Stainless steel tub
  • Inverter direct drive motor, Saves energy, less noise.

 

LG WFT1064TP for Rs. 74,900.00

  • Turbo Drum Rotating
  • Drum for cleaner wash.
  • Sensor
  • Auto Re-start
  • Delay Start Function

 

LG T1304DPE for Rs. 99,900.00

  • 6 Motion technology
  • Inverter direct drive motor, Saves energy, less noise
  • Stainless steel tub

 

For more details contact to Abans on 0714020799 or see below

LG Washing Machine Sale in Sri Lanka
LG Washing Machine Sale in Sri Lanka

 

Colombo YMBA scholarships for Student who follow G.C.E (A/L)

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 colomboymba@sltnet.lk

Methodist College, Colombo 3 Grade 1 School Admission for 2016 – Open now

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.

PRINCIPAL

Methodist College, Colombo 3 Grade 1 School Admission for 2016 – Open now
Methodist College, Colombo 3 Grade 1 School Admission for 2016 – Open now

Kandy Trinity College Grade 1 Admission Opens Now

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.

Applications close on 06th March 2015.

Principal.

Kandy Trinity College Grade 1 Admission Opens Now
Kandy Trinity College Grade 1 Admission Opens Now

Hybrid vehicles Relief (No New tax for Hybrid vehicles till March 16) for those who Open LC

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.

NEWS

Merchant Bank of Sri Lanka & Finance PLC,MSCL Financial Services Limited (MSCL) and MBSL Savings Bank Limited (‘MSB’) – Amalgamation

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).

AIA Insurance Lanka PLC Scrip Dividend – 1:40 Ordinary Shares

CSE announced that the 749,370 ordinary voting shares were listed with effect from 9th February 2015, pursuant to a Scrip Dividend in the proportion of 1:40 ordinary voting shares.

Textured Jersey Lanka PLC going to acquire Ocean India (Pvt) Ltd and Quenby Lanka Prints (Pvt) Ltd

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.

IFC Completes Subscription of Shares in Cargills Foods Company (Privates Limited. Subsidiary of Cargills (Ceylon) PLC

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.

 

Employee Share Option Schemes for the Month of January, 2015 in Colombo Stock Exchange

The following voting shares were listed during the period 1st January 2015 to 31st January 2015 consequent to the exercising of options under employee share option schemes.

Name of Company No. of Shares Listed

Stated Capital as at 31st January 2015 (LKR.)

John Keells Holdings PLC 321,083 50,695,165,700.86
Hatton National Bank PLC 47,992 13,192,116,000.00
Commercial Bank of Ceylon PLC 85,414 21,470,389,138.41

 

New Chairman and Director General for Urban Development Authority

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.

 

Position: Chairman
Name: Ranjit Michael Samual Fernando
Address: 7th Floor, Urban Development Authority, Sethsiripaya, Battaramulla
Contact Details 011 2873645 / chairs@uda.lk
Position: Director General
Name: Nayana Nadeesha Mawilmada
Address: 6th Floor, Urban Development Authority, Sethsiripaya, Battaramulla
Contact Details 011 2883301 / dg@uda.lk

 

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.

 

Dr. T. Senthilverl Left Vidullanka PLC

M&S Announces to CSE that Dr. T. Senthilverl has sold his 15.348% stake of Vidullanka PLC to Aberdeen Holdings (Pvt) Limited on 10th February 2015.

This sale has done at 73,251,835 Ordinary Shares at a Price of Rs. 6.00.

ECL Soft (Pvt) Ltd Jointed with E-Channeling PLC

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.

 

M.R Ramanan Acquire 10% of Millennium Housing Developers Plc

The Millennium Housing Developers Plc stated to Colombo Stock Exchange that M.R Ramanan Acquire 10% of Millennium Housing Developers Plc from the Nawaloka Construction Company PLC.

The purchases process was done for 13,468,132 Shares at a price of Rs 6.70 per share.

Kitchen, bedroom, Living Room Interior in Sri Lanka – Konsept Centro

At Konsept Centro (Pvt) Ltd., we aim to create an atmosphere where the house becomes your home: with carved expertise to create and innovate the best modern kitchens and furniture designs to satisfy your passion for cooking, sleeping & living spaces using Nolte (Group).

  • Affordability – flexibility to meet every room size and budget.
  • Quality – the highest production standards and state-of-the-art technology from Germany.
  • Customisation – made according to your individual needs, habits and styles.

 

Konsept Centro is master in the intrior design in Kitchens, Bedrooms, Living Rooms from Made in Germany interiors, a special easy payment scheme available for Standard Chartered Credit Cards.

For more details contact to the Konsept Centro the Total Interior Solutions on 0114 388 270 – 3 or visit to No. 141 Vijaya Kumaratunga Mawatha, Polhengoda, Colombo 05. Sri Lanka.

Or see below image

Kitchen, bedroom, Living Room Interior in Sri Lanka – Konsept Centro
Kitchen, bedroom, Living Room Interior in Sri Lanka – Konsept Centro

EPSON 300 Inch Projector for Rs. 189,000.00 Upwards

Softlogic Introduce the EPSON EH-TW550 Projector on this ICC Worldcup season for you to enjoy your Favorite team Performance at 300 Inch screen in high Definition.

The EPSON EH-TW550 Projector with specialize features as below,

  • Projection Technology: RGB liquid crystal shutter projection system (3LCD)
  • LCD Native Resolution: 720p (1,280 x 800)
  • Screen Size (Projected Distance): Zoom Wide: 33” to 318′
  • Zoom Tele: 33” to 317” Standard Size: 60” screen
  • Projection Lens, Type Optical Zoom (Manual) / Focus (Manual)
  • Lamp Type: 200W UHE (E-TORL)
  • Lamp Lifetime: (Normal/Eco)* 4,000 hours / 5,000 hours
  • Brightness White and Colour light Output 3.000im
  • Contrast Ratio: 5.000 1
  • Video Quality 3D Y/C separation. Noise Reduction, Motion compensated Interlace-Progressive conversion (2-2,3-2 film detection)

For more details contact to Softlogic as a Authorized Distributor: Softlogic Computers (Pvt) Ltd.# 402. Galle Road, Colombo 03, Sri Larka Tel +94 115 391 100-Ex 1302. 1332

or see below image

EPSON 300 Inch Projector for Rs. 189,000.00 Upwards
EPSON 300 Inch Projector for Rs. 189,000.00 Upwards