No sale of CIC stakes
Rusi Captain denies:
Veteran investor and Company Director Rusi
Captain, whose company Paints and General Industries Ltd owns 56% of
agriculture- rich Chemical Industries Colombo PLC (CIC) yesterday
denied rife market speculation that he was to sell his company’s
stake in the local outfit of the multinational blue chip.
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Metropolitan to invest on SMART card
Metropolitan Group will invest Rs. 4 million to
introduce the SMART card driving license system to Sri Lanka. Their
overseas partners will also pump a further Rs. 24 million.
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NSB reports pre-tax profit of Rs. 1.8 billion
Half year results of National Savings Bank shows
remarkable performance by the bank recording a pre-tax profit of Rs.
1.8b, a growth of 18% compared to the corresponding period for the
year 2007.
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