It was reported that Lycamobile owner Subaskaran Aliraja, who has become the ultimate owner of three radio and television channels in Sri Lanka, has offered to buy state-owned shares in Sri Lanka Telecom PLC and Lanka Hospital PLC.
The Cabinet approved to sell the shares owned by the state in these two companies.
In a notification to the Colombo Stock Exchange, Sri Lanka Telecom PLC and Lanka Hospital PLC said that the sale of these shares will take place as recommended by the State Enterprise Reform Unit established under the Ministry of Finance, Economic Stabilization and National Policy.
The Treasury holds 49.50% of the issued share capital of Sri Lanka Telecom PLC.
Meanwhile, 51.34% of the share capital of Lanka Hospital PLC is held by the Sri Lanka Insurance Corporation on behalf of the State.
https://srilankamirror.com/biz/alir...ScYcX5DqtaJAUdR-hf8M1pv9ZvVuyKOru6I_oH55Nst3E
The Cabinet approved to sell the shares owned by the state in these two companies.
In a notification to the Colombo Stock Exchange, Sri Lanka Telecom PLC and Lanka Hospital PLC said that the sale of these shares will take place as recommended by the State Enterprise Reform Unit established under the Ministry of Finance, Economic Stabilization and National Policy.
The Treasury holds 49.50% of the issued share capital of Sri Lanka Telecom PLC.
Meanwhile, 51.34% of the share capital of Lanka Hospital PLC is held by the Sri Lanka Insurance Corporation on behalf of the State.
https://srilankamirror.com/biz/alir...ScYcX5DqtaJAUdR-hf8M1pv9ZvVuyKOru6I_oH55Nst3E

