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Message: <blockquote data-quote="Hankook" data-source="post: 29473431" data-attributes="member: 580311"><p><h3>East West Properties PLC is a Public Quoted Company with Limited Liability incorporated in Sri Lanka on 18th March 1981 - and re-registered under the Companybs Act No.7of 2007. The Company was listed on the main board of the Colombo Stock Exchange in 1983. The Company's core business is in real estate development and generating rental income from warehousing and commercial office space. The Company owns 5 acres of land in Peliyagoda of which 2 acres have been developed into 100,000 sqft of warehouse spaces. The remaining 3 acres has been leased to Ultra Tech Cement Company.</h3><h3>The most current development project under the subsidiary, Weligama Hotel Properties Ltd. is the construction of Sri Lankabs first Marriott Resort & Spa Hotel located in the beautiful bay of Weligama, south of the Island. The development consists of 198 rooms with a gross built up area of 350,000sqft. The project is due to be completed early 2017.</h3> <h3></h3> <h3>The company under its subsidiary East West Engineering Services Pvt Ltd. has diversified into engineering and construction related activities with much of the work currently focused on the turnkey development of the 198 key Marriott Resort & Spa. The company has diversified into the business of ready mix concrete under the brand bEast West Ready Mixb. The operation consists of two ready mix plants located in the south. The company also project management and procurement services.</h3> <h3></h3> <h3>The media arm of the company operates under the subsidiary, Peoples Media Network which has been issued licenses and frequencies for the operations of a radio and television station network. The company manages and operates 5 transmission sites located in Colombo, Hunnasgiriya, Karagahatenna, Nayabedda and Gongala. The company also represents globally recognized brands for studio and transmission related equipment whilst providing turnkey solutions for all radio and television infrastructure requirements</h3></blockquote><p></p>

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