Jan 06, 2017

Sumal Perera wants to earn profits for himself! Featured

Multi-millionaire businessman Sumal Perera has prioritized obtaining contracts for Foresight Engineering over his listed ACCESS International, business circle sources say.

Economic critics say his intention clearly is to earn more profits, as he will have to pay profit dividends to shareholders if he gets the contracts for ACCESS.

Both companies are registered to an address at Dawson Street, Colombo 02.

Reports say Foresight Engineering is the same company that had imported milch cows under Basil Rajapaksa’s supervision during the previous regime.

The video (courtesy Hiru) is about a revelation made by P. Harrison on that

Foresight Engineering’s CEO is Theo, who is close to top government figures, according to reports.

It recently acquired the main construction contract of the 400 million US dollar water supply project in Anuradhapura town.

Economic critics say Foresight Engineering will earn more profits within the next few years than what Arjuna Aloysius’s Perpetual Treasuries earned through the Central Bank bond issue.