Versuchen GOLD - Frei
Ravi Wijeratne files Rs. 15 b lawsuit over alleged contractual breach
Daily FT
|August 08, 2025
BUSINESS magnate Ravi Wijeratne and Rank Entertainment Holdings Ltd., have filed action before the Colombo Commercial High Court against four Defendants, including Waterfront Properties Ltd., and John Keells Holdings PLC, seeking Rs. 15 billion in damages for the alleged breach of contractual obligations and failure to disclose material information concerning the Plaintiffs.
-
The plaint cited Waterfront Properties Ltd., John Keells Holdings PLC, Hong Kong-listed Melco Resorts & Entertainment Ltd., and Bluehaven Services Ltd., as the Defendants.
When the matter was taken up before Colombo Commercial High Court Judge M.Y.M. Irsadeen on Tuesday, the Defendants were directed to file their answers by 12 November 2025.
In their complaint, the Plaintiffs stated that they had been continuously engaged in contractual dealings since 2013 with Cinnamon Life and John Keells Holdings PLC with the understanding that a casino licence held by Rank Entertainment Holdings would be set aside to run the casino at the Cinnamon Life casino space.
Diese Geschichte stammt aus der August 08, 2025-Ausgabe von Daily FT.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Daily FT
Daily FT
Sri Lanka digital industry challenged by weak branding, market access
Doerscircle COO Yasas Abeywickrama spotlights digital economy strategy Says country yet to meet past digital export targets despite steady growth Industry lacks visibility, skills volume, and policy support Urges stronger branding and global links
2 mins
October 11, 2025
Daily FT
SLBFE busts major foreign job scandals over Rs. 21.49 m
Victims promised jobs in Europe and Canada Lankan-born Canadian defrauded Rs. 1.49 m for jobs in Canada Two arrested for Rs. 20 m racket for nursing jobs in Hungary, Netherlands and Finland Mawanella teacher nabbed for unlicensed online job agency for Romania, Poland, and Germany
2 mins
October 11, 2025
Daily FT
Venezuela's Maria Corina Machado wins 2025 Nobel Peace Prize
THE Nobel Peace Prize for 2025 has been awarded at the Norwegian Nobel Institute in Oslo to Venezuelan Opposition Politician Maria Corina Machado.
1 min
October 11, 2025
Daily FT
Resplendent Ceylon properties earn 2025 Michelin Keys
THE 2025 Michelin Key distinctions, recognising the world's leading hotels for exceptional hospitality, have been announced, with all three properties under Sri Lanka's Resplendent Ceylon earning recognition in the South Asia region.
1 mins
October 11, 2025
Daily FT
Shanakiyan urges Govt. to prioritise North, East development
TAMIL National Alliance (TNA) Parliamentarian Shanakiyan Rasamanickam yesterday urged the Government to focus on developing the Northern and Eastern Provinces.
1 mins
October 11, 2025
Daily FT
Harini to attend China “Global Leaders’ Meeting on Women”
AT the invitation of the Government of the People's Republic of China, Prime Minister Dr. Harini Amarasuriya is scheduled to visit China from 12-15 October.
1 min
October 11, 2025
Daily FT
Sri Lanka welcomes initial phase of Gaza peace agreement
SRI Lanka yesterday welcomed the initial phase of the agreement for peace in Gaza and emphasises the critical need for comprehensive and lasting peace and stability in the region.
1 mins
October 11, 2025
Daily FT
Rapper and Producer Jude Da Dude elevates Sinhala rap scene with latest EP
SINCE launching his rap journey in 2017, Jude Da Dude has been steadily rising as one of the most promising names in Sri Lanka's hip-hop scene.
1 min
October 11, 2025
Daily FT
Relevance of forests for biodiversity education
THIS is a proposal to include biodiversity education in schools and universities.
3 mins
October 11, 2025
Daily FT
Three new Ministers, 10 Deputies in pre-Budget Cabinet reshuffle
A Cabinet reshuffle took place yesterday with President Anura Kumara Disanayake appointing three new Ministers and 10 new Deputy Ministers in a move aimed at improving coordination and accelerating national development priorities aligned with the 2026 Budget.
1 mins
October 11, 2025
Listen
Translate
Change font size