But brokers may generate rumors that Ports authority is buying SPEN. It is not. Ports Authority is filling 6.5% of the missing pie of the ports project. It's a shame almost all the project has gone to the Chinese. This could have been a cash cow in the future for SPEN. Just as JKH is doing with their ports project in that case which JKH got it for a bargain dump price from the politicians then.
The following article talks about the ports project. SLPA is not a shareholder of SPEN.
The Sri Lanka Ports Authority (SLPA) will increase its current stake of 15% by 6.5% through the purchase of a number of shares of Aitken Spence (AS) for which percentage it would have to raise funds to finance the project.
http://sundaytimes.lk/120122/BusinessTimes/bt03.html