Poging GOUD - Vrij
Right of Reply: LTL Holdings responds to COPE findings
Daily FT
|November 03, 2025
LTL Holdings Ltd., (LTLH) has issued the following Right of Reply to the Daily FT article titled "COPE uncovers major ownership dilution and audit concerns at LTL Holdings linked to CEB" published on 21 October, citing several inaccuracies.
-
LTL Holdings Ltd., and subsidiaries were invited "to be present on 24 October 2025 for the purpose of questioning in respect of the examination of the Ceylon Electricity Board (CEB)." So, they were under the impression that the company would be questioned with regard to CEB related matters. Letter of invitation did not mention any area of questioning or concerns and in fact, we were not aware of the specific questions that were going to be raised. But to our surprise, right from the beginning, questioning was only about affairs of LTLH.
Dit verhaal komt uit de November 03, 2025-editie van Daily FT.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Daily FT
Daily FT
Markspen introduces grain cooling system to Sri Lanka
Innovative German agritech device to reduce post- harvest losses and provide greater economic benefits to local rice and grain farmers
2 mins
November 06, 2025
Daily FT
JKH posts strong Q2; points to better 2H
TOP blue chip John Keells Holdings PLC (JKH) has reported a strong second quarter and signalled a far better second half, defying critics and pessimists.
4 mins
November 06, 2025
Daily FT
Mixed bag in Oct. for national sales average of tea
NATIONAL Sales Average (NSA) of tea for October has declined Month-on-Month (MoM) though reflecting an increase Year-on-Year (YoY), according to Forbes and Walker Ltd.
1 min
November 06, 2025
Daily FT
54th Ritzbury Sir John Tarbat Junior Athletic Championship concludes
THE 54th Ritzbury Sir John Tarbat Junior Athletic Championship 2025 came to an exciting close on 3 November at the Mahaweli Ground Embilipitiya, after three days of spirited competition featuring over 5,500 Junior athletes from schools around the island.
1 mins
November 06, 2025
Daily FT
Top expert flags overlapping mandates, legal confusion in Sri Lanka's PPP framework
Says SL will end up in a 'fruit salad situation' as potential clash looms between Public Finance Management Act, upcoming PPP Act and NPC powers with four entities—Finance Ministry, PIC, NAPPP, NPC claiming overlapping oversight
3 mins
November 06, 2025
Daily FT
NDB delivers exceptional 65% growth in post-tax profit during nine months
NATIONAL Development Bank PLC (NDB) said it has delivered impressive profitability growth backed by sound core banking operational growth in the first nine months of 2025.
4 mins
November 06, 2025
Daily FT
Sri Lankan delegation strengthens trade and sector partnerships on Canada mission
A delegation of Sri Lankan businesses, is in Canada from 3 to 8 November 2025, exploring opportunities in investment and partnerships in education, agriculture, information technology and tourism.
1 min
November 06, 2025
Daily FT
Govt. allocates Rs. 1 b for new framework to fund commercialisation of research and innovation
Presidential Secretariat establishes new R&D Commercialisation Unit to evaluate and convert researchbased projects into viable commercial ventures Cabinet Spokesman Minister Dr. Nalinda Jayastissa says Rs. 2.2 b in applications received from local researchers and entrepreneurs seeking support under new initiative Notes structured evaluation system introduced, assessing projects for technical, administrative, economic, social and environmental impact
1 mins
November 06, 2025
Daily FT
$ 30 m IFC loan to support sustainable energy project
THE Cabinet of Ministers has approved entering into a loan agreement to secure a $ 30 million loan from the International Finance Corporation (IFC) of the World Bank Group to finance the country’s Secure, Bearable and Sustainable Energy Project.
1 min
November 06, 2025
Daily FT
CPC profit dips 17.9% in 1H 2025 as turnover falls on lower global oil prices
Reduces Iran debt with tea for oil barter
1 min
November 06, 2025
Listen
Translate
Change font size