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Almas ups stake in Galle Face Capital Partners to 10%

Daily FT

|

August 12, 2025

ALMAS Holdings Ltd., upped its stake in Galle Face Capital Partners PLC to over 10% last week.

The move follows Almas acquiring around 5% stake on 7 August.

It bought 1.35 million shares at Rs. 69 each, and a further 159 shares at Rs. 72.90 each and 8,722 shares at Rs. 73.

Daily FT からのその他のストーリー

Daily FT

Global fintech leaders converge in Colombo for Sri Lanka FinTech Summit 2025

THE Sri Lanka FinTech Summit 2025 has announced its confirmed line up of speakers, bringing together global and SriLankan leaders n digital finance, technology, and regulation to accelerate the country’s transition towards a resilient and inclusive digital economy.

time to read

2 mins

September 24, 2025

Daily FT

Govt. tightens Port City incentives to align with IMF program

SRI Lanka has overhauled the incentive regime for the Colombo Port City Special Economic Zone, cutting back generous tax holidays and raising investment thresholds in line with its IMF-backed fiscal reforms.

time to read

1 mins

September 24, 2025

Daily FT

Verstappen wins in Baku after Piastri crashes out

MCLAREN'S Lando Norris reduced teammate Oscar Piastri’s championship lead to 25 points by finishing seventh in the Azerbaijan Grand Prix after the Australian crashed out on the first lap.

time to read

1 min

September 24, 2025

Daily FT

Daily FT

South Africa recall De Kock as he ends retirement

WICKETKEEPER Quinton de Kock has reversed his retirement for one-day internationals and been recalled by South Africa for their ODIs and T20s against Pakistan starting next month.

time to read

1 min

September 24, 2025

Daily FT

President formalises, expands Navy oversight of foreign maritime security services

DEFENCE Minister and President Anura Kumara Disanayake has directed the Sri Lanka Navy to take charge of providing operational and administrative support for foreign private security companies engaged in protecting merchant vessels.

time to read

1 mins

September 24, 2025

Daily FT

Empowering SL's micro-merchants: Visa introduces game-changing acceptance solution with HNB

VISA, the global leader in digital payments, in partnership with Hatton National Bank (HNB), today announced the launch of ‘Visa Accept’ solution in Sri Lanka. This is the first-ever global rollout of the solution, placing Sri Lanka at the forefront of digital payments innovation.

time to read

3 mins

September 24, 2025

Daily FT

Daily FT

Ocean Lanka opens MFB to boost synthetic fabric innovation, production

OCEAN Lanka Ltd., a major weft knit fabric manufacturer in Sri Lanka, has opened a new Multifunctional Building (MFB) at its Biyagama Export Processing Zone (EPZ) premises to increase its innovative synthetic fabrics production output.

time to read

2 mins

September 24, 2025

Daily FT

Great Britain fail to win gold at World Athletics Championships for first time in 20 years

GREAT Britain and Northern Ireland failed to win a gold medal at a World Athletics Championships for the first time in 22 years, as they secured their joint-lowest overall return since 2005.

time to read

1 min

September 24, 2025

Daily FT

Bandara plays captain's innings to rescue CCC

ANJALA Bandara played a captain’s innings of 115* to rescue CCC from a precarious position of 117-5 to end the first day of the Under-23 inter-club 2-day final against Bloomfield on 278-6 at the SSC grounds yesterday.

time to read

1 min

September 24, 2025

Daily FT

Daily FT

Gaza, genocide and Sri Lanka’s dilemma of conscience

LAST week, the UN Independent International Commission of Inquiry on the Occupied Palestinian Territory, chaired by former UN High Commissioner for Human Rights Navi Pillay, concluded that Israel has committed genocide in Gaza.

time to read

6 mins

September 24, 2025

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