Odel IPO heavily oversubscribed
The initial public offer (IPO) of ODEL opened for
subscription yesterday, was closed the same day as it was heavily
oversubscribed.
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De La Rue Lanka expands with US$ 30 m investment
Closes Singapore currency printing plant:
International currency printer De La Rue Lanka
has expanded business in Sri Lanka with the opening of its new
factory extension with an investment of USD 30 million. The company
has closed down the currency printing establishment of De La Rue in
Singapore and has moved all of that work to Sri Lanka.
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Another SriLankan first:
Full Flight Simulator Centre
Airline pilot training in South Asia entered a
new dimension with SriLankan Airlines and SIM Industries of the
Netherlands teaming up to set up a state-of-the-art Full-Flight
Simulator centre in Sri Lanka to serve the region.
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