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Supreme Global Holdings enters bidding to acquire SriLankan shares

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Supreme Global Holdings, a conglomerate owned by R.M. Manivannan, has entered the bidding process to acquire shares of the national carrier – SriLankan Airlines.

According to a media release by the company issued in this regard, the Expression of Interest (EOI) process, which concluded last week (Apr 27), saw the participation of Supreme Global, under Sherisha Technologies Private Limited.

Sherisha Technologies Private Limited, formerly known as SunEdison Energy India Private Limited.

Last week it was reported that six (06) Request for Qualification (RfQ) were received from potential investors for the acquisition of shares in SriLankan Airlines Limited.

Sherisha Technologies Private Limited was among the six entities.

Supreme Global Holdings is also known for having formed a robust consortium including MBS Investments, the investment arm of the Private Office of Sheikh Nayef Bin Eid Al Thani of Qatar.

Apart from its recent bidding for SriLankan Airlines, Supreme Global Holdings previously assisted Sri Lanka during the energy crisis faced in 2022, by extending over USD 1.5 billion in credit to Sri Lanka, along with innovative payment solutions such as accepting Sri Lankan rupees for oil payments.

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Hasitha Jayawardena appointed as Melstacorp Chairman

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Hasitha Jayawardena, son of late business tycoon Harry Jayawardena, has been redesignated as the Executive Chairman of Melstacorp and Distillaries Company effective 6 February. 

“Jayawardena has over 12 years of experience in the management of companies under the guidance of his late father Deshamanya D H S Jayawardena, in various diversified fields in the Group. 

“He has been managing and providing strategic direction to the plantation sector and leisure sector of Melstacorp Group. He also functions as the Managing Director of Stassen Group of Companies, ” a filing to the Colombo Stock Exchange said.

(dailymirror.lk)

(This story, originally published by dailymirror.lk has not been edited by SLM staff)

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Over 13,000 police complaints filed against Onmax DT

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Over 13,000 police complaints have been filed against Onmax DT so far, it was revealed in courts.

Appearing on behalf of the Attorney General, Senior State Counsel Oswald Perera informed the Colombo Chief Magistrate Thanuja Lakmali yesterday (Feb. 05) that complaints are still being filed at police stations by those who had fallen victim to the company’s pyramid schemes.

These complaints are filed according to a special complaint form sent to all police stations by the Inspector General of Police on the instructions of the Attorney General.

The court was also informed that investigations are being conducted under 04 categories on the instructions of the CID Director.

07 suspects who were previously released on bail appeared before the court when the case was taken up yesterday.

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Entrepreneur Hemaka de Alwis passes away

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Renowned entrepreneur Hemaka de Alwis has passed away.

A lawyer by profession, de Alwis was the Chairman and Managing Director of Fairway Holdings. 

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