Sri Lanka’s expropriation law names two listed firms: report
The underutilized assets named are the Charmers Granaries; the Badulla properties of Colombo Commercial Company, the Pettah and Narahenpita properties of Lanka Tractors Ltd, land belonging to Pelwatte Sugar Industries Ltd, and land owned by Sevanagala Sugar Industries Ltd, Labimanews said.
Hotel Developers Lanka Plc was also named. It is state controlled and there are disputes with one of the promoting shareholders, over unpaid dues to the Urban Development Authority. Several others were Read more [...]