Lanka Realty Investments PLC (LRI) yesterday announced two major steps in its strategic repositioning and financial strengthening journey – the divestment of Baseline Holdings Ltd., for Rs. 1.1 billion on 18 July and a capital infusion of approximately Rs. 1.21 billion into HQ Colombo, as formally disclosed to the Colombo Stock Exchange on 11 May.
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Lanka Realty sold Baseline Holdings for Rs. 1.1B and infused Rs. 1.21B into HQ Colombo as part of its strategic and financial repositioning.
Lanka Realty sold Baseline Holdings for Rs. 1.1B and infused Rs. 1.21B into HQ Colombo as part of its strategic and financial repositioning.
We are pleased to share that in May '25, we successfully concluded a significant transaction involving LKR 1.6 Bn (USD 5.3 Mn) from an investor into our businesses, Lanka Realty Investments PLC and its subsidiary Lanka Realty Development (Pvt) Ltd aka HQ Colombo
We are pleased to share that in May '25, we successfully concluded a significant transaction involving LKR 1.6 Bn (USD 5.3 Mn) from an investor into our businesses, Lanka Realty Investments PLC and its subsidiary Lanka Realty Development (Pvt) Ltd aka HQ Colombo
HI TV interviews Hardy Jamaldeen on W15 Collection’s newest retreat, W15 Ambuluwawa.
Hardy Jamaldeen, shared an insightful perspective on Sri Lanka's economic recovery in a recent interview on TURNING POINT.