FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» STOCK market for beginners
by Asoka Samarakone Today at 11:30 am

» Cheap Politics of Dhammika Perera: Call for Finance Ministers Resignation
by apple Yesterday at 2:27 pm

» දම්මික පෙරේරාට වැඩ වරදී
by ChooBoy Yesterday at 12:34 pm

» Sri Lanka: Tea industry faces multiple setbacks, may shut down
by ChooBoy Yesterday at 6:38 am

» Excerpts from Premier's Speech in the Parliament
by God Father Yesterday at 6:28 am

» Sri Lanka expected to increase rates as inflation soars
by ChooBoy Tue Jul 05, 2022 10:18 pm

» SEC overhauls regulations governing market institutions and market intermediaries
by CHRONICLE™ Tue Jul 05, 2022 9:03 am

» The war in Ukraine is no longer shocking the wheat market
by ResearchMan Mon Jul 04, 2022 12:44 pm

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by cseguide Mon Jul 04, 2022 11:34 am

» Analysis: China casts giant shadow over emerging nations' chase for debt relief
by ChooBoy Mon Jul 04, 2022 7:38 am

» In STOCK MARKET despite all odds, there is always hope. Never ever give in nor give up.
by atuts Sun Jul 03, 2022 2:14 pm

» India raises import tax on gold to support rupee and amid trade deficit
by ResearchMan Sat Jul 02, 2022 2:09 pm

» When will supply chain disruptions ease?
by ResearchMan Sat Jul 02, 2022 9:57 am

» Expolanka to continue its winning streak
by samaritan Fri Jul 01, 2022 4:12 pm

» Govt gets its priorities wrong
by samaritan Fri Jul 01, 2022 10:25 am

» Ambassador assures U.S. support to Sri Lanka to find solutions to economic issues
by samaritan Fri Jul 01, 2022 10:16 am

» IMF-Sri Lanka bailout talks end without a deal
by ChooBoy Fri Jul 01, 2022 9:16 am

» Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch
by CHRONICLE™ Fri Jul 01, 2022 8:11 am

» Sri Lanka needs to do more on debt restructuring before a bailout package is finalised, says IMF
by CHRONICLE™ Fri Jul 01, 2022 8:06 am

» Global COVID cases rise as BA.4 and BA.5 expand
by samaritan Fri Jul 01, 2022 7:04 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Six Senses group plans IPO -Sunday Times (08.05.2011)

Six Senses group plans IPO -Sunday Times (08.05.2011)

Go down  Message [Page 1 of 1]

widanage


Senior Equity Analytic
Senior Equity Analytic

Thai-based Six Senses & Spa hotels is planning a public float of shares (IPO) in the summer (June-August) in Colombo aimed at setting up its South Asian office to handle hotels and resorts in this region, according to its founder/CEO Sonu Shivdasani.
Sonu Shivdasani expressing a point. Pic by J. Weerasekera

The energetic Indian-origin entrepreneur, told the Business Times in an interview in Colombo that all the company’s current four properties in the Maldives, Sri Lanka and India would be brought under this holding company to be based in Colombo.

“Peace has dawned on Sri Lanka and there are exciting times ahead,” he said on Friday as he enthusiatically explained the organisation’s current properties and plans in Asia and other parts of the world while grabbing a quick breakfast on the roof-top lounge of the Cinnamon Grand.

Mr Shivdasani and his wife -Eva, who together set up their first property in the Maldives in 1995, spend five months on an island in the Maldives and the rest in Thailand where the company – which has over 26 resorts across Asia and the rest of the world- is based.

The company has spas at Aitken Spence Group hotels in Kandalama and the Tea Factory and is setting up – as a joint venture - another resort adjoining Heritance Ahungalla which will have 54 villas and in the adjoining Madu Ganga island, 15 tents. “We want to create a low impact (on the environment) resort at Madu Ganga and replicate this elsewhere as a low-carbon (living-with-nature) unit,” he said.

The company is also looking at a site in Galle and contemplating a health resort either in the central hills or the Niligiri mountain in South India. “Tourism will grow here because you have a tiny base,” he said.


Here is the link to original document

http://www.sundaytimes.lk/110508/BusinessTimes/bt06.html

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum