Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka's Arpico Finance refutes reports of merging with Richard Peiris
Sat, Mar 15, 2014, 12:06 am SL Time, ColomboPage News Desk, Sri Lanka.

Mar 14, Colombo: Arpico Finance, a finance company listed in the Colombo Stock Exchange refuted reports that said the company is merging with its old parent company Richard Peiris Group.

Ina stock market disclosure, the finance company said the caption "Arpico Finance to merge with Richard Peiris" of media reports is inaccurate and is a misquotation.

Arpico Finance said in keeping with the initiative of Central Bank of Sri Lanka on the consolidation of the NBFI (Non-Banking Financial Institutions) sector, the company is currently engaging in discussions with several prospective parties.

"At this point of time we wish to confirm that these discussions area at a very preliminary stage , and we have not reached any finality," the company said.

Arpico said it will inform the shareholders and the general public and make the necessary disclosure at the appropriate time.

ColomboPage - Recent 10 Stories
Sri Lanka aims to double the freshwater prawn production with new hatchery
-- [2 hours ago]
Decision on Sri Lanka bunkering project depends on China talks - Port Minister
-- [2 hours ago]
Second suspect arrested for hacking Sri Lankan President's website
-- [2 hours ago]
Court allows Ven. Uduwe Dhammaloka Thera to travel overseas
-- [2 hours ago]
Hotel Asia to propel Lankan hospitality products and services to Maldives
-- [3 hours ago]
Construction work on Rajagiriya flyover begins today
-- [4 hours ago]
MDMK leader Vaiko wants UNHRC, Red Cross to probe disappearances of Tamils in Sri Lanka
-- [5 hours ago]
Sri Lanka President to declare 2017 as the year to liberate the country from poverty
Government created a conducive environment in North for people to live a normal life - FM
U.S. Navy ship Frank Cable arrives at port of Colombo in Sri Lanka

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.