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Friday, 22 October 2010

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Lendings to top Rs 3,600 b

With US $ 4,000 per capita income in five years:

The local banking sector lendings will double to Rs 3,600 billion within five years when the country’s per capita income reaches US $ 4,000.

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Laugfs IPO on November 4

Plans 100 room hotel in Chilaw:

Laugfs Gas Ltd announced its intention to raise Rs 2,505 million from the public through an Initial Public Offering (IPO) of 22 percent of its stake yesterday.

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ODEL continues growth momentum in Q2

Healthy top and bottom line growth in the second quarter of 2010-11, its first quarter as a listed entity, has enabled top fashion retail brand ODEL to report characteristically strong results for the six months ending September 30.

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The Laugfs Gas Limited announces Rs 2,505 million IPO at a ceremony held yesterday. Laugfs Gas Limited Chairman W K H Wegapitiya cutting the traditional milk rice with his directors to mark the occasion. Picture by Saliya Rupasinghe



 
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