BIZ

Transaction consultants for 4 companies including Litro

Published

10 months ago

July 11, 2023

editor

Approval of the Cabinet of Ministers has been granted at the meeting of the Cabinet of Ministers held on the 13.03.2023 to restructure the above companies.

Accordingly, expression of interest (EOI) and request for proposals (RfP) have been called, following the international competitive procurement procedure to select transaction consultants for the purpose.

Transaction consultants for the above four (04) institutions have been selected from the short – listed proposals by the standing procurement committee appointed by the Cabinet of Ministers following the selection method based on quality and cost.

Accordingly, the Cabinet of Ministers granted approval for the proposal submitted by the President to them to enter into relevant agreements with the following four (04) institutions selected.

• Sri Lanka Insurance Corporation – Alvarez and Marsal
• Kanvil Holdings (Pvt) Limited – Deloitte India
• Hotel Developers Ceylon Limited (Colliers Singapore)
• Litro Gas Ceylon Limited – Deloitte India

BIZ

Kottu, Fried Rice prices reduced

Published

4 days ago

May 3, 2024

nipuni

The All Ceylon Restaurant Owners’ Association has decided to reduce prices of several food items, following the reduction in gas prices that was announced earlier today (May 03).

Accordingly, the Association announced that the prices of Fried Rice and Koththu will be reduced by Rs. 20 while prices of shorteats will be reduced by Rs. 10.

However, prices of plain tea and milk tea are to remain unchanged, the Association adds.

BIZ

Laugfs Gas also slashes prices

Published

5 days ago

May 3, 2024

nipuni

Laugfs Gas has also reduced its LP gas prices with effect from midnight today (May 03) following the price reduction by Litro Gas.

Accordingly, the price of a 12.5kg cylinder has been reduced by Rs.275 to Rs. 3,840 while the the price of a 5kg cylinder has been reduced by Rs.110 to Rs.1,542.

BIZ

Litro gas prices reduced

Published

5 days ago

May 3, 2024

nipuni

Litro Gas Lanka has reduced the prices of domestic LP gas cylinders with effect from midnight today (May 03).

According to Chairman of Litro Gas Lanka – Muditha Peiris, the price of the 12.5 kg cylinder has been slashed by Rs. 175 to Rs. 3,940 while the price of the 5 kg cylinder has been reduced by Rs. 70 to Rs. 1,582. The price of the 2.3 kg cylinder has been reduced by Rs.32 to Rs.740.