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John Keells Hotels PLC to Divest Cinnamon Citadel in Rs. 2.77 Billion Deal with Dedigama Group
John Keells Hotels PLC has entered into an agreement to divest its controlling stake in the company that owns the well-known Cinnamon Citadel in Kandy. In a disclosure to the Colombo Stock Exchange, John Keells Hotels PLC said it has signed a binding agreement with Lavendish Leisure, the hospitality arm of the Dedigama Group, to
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Former SriLankan Airlines Chief Arrested Again Over 2013 Airbus Deal Controversy
FINANCIAL CHRONICLE – Sri Lanka has arrested the former CEO of Sri Lankan Airlines for a second time in the last seven years over a 2013 corrupt Airbus deal. A British court found that the French aircraft manufacturer paid US$2 million to a shell company set up in Brunei. The Airbus deal is one of
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MIDDLE EAST AIR CHAOS LEAVES THOUSANDS OF TOURISTS UNABLE TO… Read more: Stranded in Paradise - Turbulence at the Top of SriLankan Airlines
Chairman Signals Exit – Several Directors Ready To Step Aside… Read more: Turbulence at the Top of SriLankan Airlines - Iran – Tehran Burns, the Numbers Climb, and the Hospitals Stretch
he story most Sri Lankans are following first is the… Read more: Iran – Tehran Burns, the Numbers Climb, and the Hospitals Stretch
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