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http://www.sundaytimes.lk/161113/business-times/rpcs-in-quandary-over-5000-acres-rule-216602.html
this was a good point in the budget. lot of RPCs maintain a heavy head offices cost in Colombo, when elderly planters in the estates become too old and sick they are transferred to the head office to spend the rest of their days in a comfy chair in an nice AC room. RK will have lot of opposition buy by doing this, if this goes through there will be smaller manageable plots spread over a wide section of owner ships. No effect on the share prices yet.
this was a good point in the budget. lot of RPCs maintain a heavy head offices cost in Colombo, when elderly planters in the estates become too old and sick they are transferred to the head office to spend the rest of their days in a comfy chair in an nice AC room. RK will have lot of opposition buy by doing this, if this goes through there will be smaller manageable plots spread over a wide section of owner ships. No effect on the share prices yet.
