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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» Price prediction on GRAN and TAFL
by nigma Today at 9:53 am

» DIPD/HAYC/HAYL
by Trading Jockey Today at 9:32 am

» is it a good time to sell expo shares
by Kipling Today at 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Today at 8:13 am

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by judecroos Today at 7:42 am

» Leading brokers causing market downturn
by Mithooshan Today at 7:40 am

» GLAS will be winner with Super Gain.
by Eranga87 Today at 2:56 am

» Must watch this video - unnecessary panic
by Jana Today at 1:03 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by learningthemarket Today at 12:03 am

» Daily Foreign Transactions
by Mr. X Yesterday at 11:28 pm

» Fall seven times, stand up eight.What happened, has happened. Free your mind from it. Stock market for beginners
by Asoka Samarakone Yesterday at 9:21 pm

» RICHARD PIERIS EXPORTS PLC (REXP.N0000)
by කොටස් වෙළඳපොළ2020 Yesterday at 9:06 pm

» Unscripted daily drama.Traders are uncertain whether to buy or sell. Stock market for beginners
by Jayashantha Yesterday at 8:40 pm

» SRI LANKA TELECOM PLC (SLTL.N0000)
by KingKong Yesterday at 7:35 pm

» ACCESS ENGINEERING ( AEL.N )
by subash81 Yesterday at 7:01 pm

» OVERSEAS REALTY (CEYLON) PLC (OSEA.N000)
by Captain Yesterday at 5:49 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by judecroos Yesterday at 2:40 pm

» LITE.R - STOP THE MADNESS
by Big Bull Yesterday at 12:59 pm

» RHL - CSE's most undervalued stock?
by Promoney Yesterday at 12:09 pm

» Sunshine holding future potential
by keen Yesterday at 10:37 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Sri Lanka largest Foreign Direct Investments realizer and Deal Maker: Union Bank connected Alex Lovell might own and control over US $ 40 billion worth properties by 2025 in Sri Lanka, around over 30% of Sri Lanka's GDP of US $ 120 billion

Sri Lanka largest Foreign Direct Investments realizer and Deal Maker: Union Bank connected Alex Lovell might own and control over US $ 40 billion worth properties by 2025 in Sri Lanka, around over 30% of Sri Lanka's GDP of US $ 120 billion

Go down  Message [Page 1 of 1]

JosephMark


Stock Trader
Sri Lanka's key projects now owned or sold mainly to top Indian or Chinese or European investors have been broguht into the island nation from 2000 era to date by Indrajit Alexis Lovell or the famous investor and deal makerwho brought in Saudi King's one of the nephew's, Malaysia's Genting Group and other investors to then struggling Union Bank of Colombo which down with a Rs. 400 million fraud about 15-20 years ago that was then earlier owned by Ajitha De Zoysa, Thilak De Zoysa and family. Alex Lovell saved De Zoysa's twice by bringing investments to Union Bank of Colombo twice also by taking in TPG Capital in 2011-2013 era and also bringing in Al-Futtaim to AMW company. Alex Lovell is also the person who was successful in bringing in James Packer to Sri Lanka and he was supposed to own 10% of James Packer's Casino. 

Currently Alex Lovell has brought in CIMB to Sri Lanka and has brought in NTT of Japan to SLT in Past and has brought in Malaysia's Ananda Krishnan who owned Maxis Telecom to buy Sri Lanka Telecom PLC (SLT) in past from NTT. Alex's former connected indirect family own the ICICI Bank building in Colombo. Alex also brought in BEN Holdings with Subaskaran Allirajah - a British Sri Lankan Tamil entrepreneur to invest in Sri Lanka's fallen ETI Holdings which was earlier owned by Soma Edirisinghe's family. Now Alex Lovell is the Chairman of BEN Holdings. He has also brought in Rs. 1 billion investment to now renamed UB Finance which was earlier named as F&G company of Ceylinco. After collapse of Ceylinco ALex brought in investments to F&G because it had lots of land assets that was more clear in titles than The Finance & CO. PLC.


Recently Blue Mountain properties has been struggling to find an investor to their seven star hotel and after that they have got a Chinese investment to start the project. Same Chinese company Zhong Tian Ding Hui Pvt Ltd has come to rescue Janaki Siriwardhana who was finding an investor for Colombo's Krrish Square which is now named as One Transworks Square or THE ONE Colombo project. Alex Lovell has started working with Janaki Siriwardhana former wife of famous actor Singer of Maname Wijeratne Warakagoda's son - Jananath Warakagoda and has helped Janaki by bringing in  Ritz-Carlton Residence Colombo, JW Marriott and The One towers to THE ONE Colombo project. 


Some say Alex Lovell own considerable stakes in All companies and he first became billionaire thanks to former Sri Lankan origin Malaysian Planter who died without properly transferring wealth in Malaysia who was connected to Alex. 


Alex is also said to be owning many stakes in several companies including Access and and other major land and cosntruction related companies. He has also helped ThinkCube systems to make deal with Dialog to launch Gurur.lk and ThinkCube to be connected with Access Engineering. Some say he is the one who invited Nadira Williams and family members who sold Alumex to invest in Access and Dhammika Perera companies. According to some Colombo Elite ladies ALex Lovell has strong skill in making lots of educated ladies reaching and leading making them Colombo's top lady investment bankers. 


According to some top bankers Alex Lovell's wealth is calculated to be around US $ 5 billion right now and he will be worth around US $ 40 billion by 2025 owning majority of Luxury properties in Sri Lanka by another 6 years since he has brought in over US $ 2 billion investments to Sri Lanka including the AIA deal for NDB Bank that happened few years ago. Some say ALex is a silent achiever in everything he do and he is the most influential investment banker who has brought in over US $ 2 billion to a US $ 80 billion economy in a 20 years history.Alex now control over 40 movie theatres in Sri Lanka since he is the Chairman of ETI, Swarnamahal Jewllers and EAP Theatres owning company BEN Holdings.

Alex Lovell is also famous to be working with Qatar King and his Government to transfer 20% of Colombo Stock Exchange's ownership to Qatar's Sovereign Wealth Fund whilst Qatar is looking to invest over US $ 1 billion or Rs. 182 billion in Sri Lanka's 10 islands near Kalpitiya for last 9 years until government clear the projects. Once completed Qatar will invest in a over 70 storey hotel like Burj AL Arab in Dubai with underwater views and Express Running from Port City to Kalpitiya. 

Alex Lovell's historical family is said to be connected to Jaffna area and he is supposed to be bringing investments to fuel Jaffna's development too. Some say Alex Lovell is working with Mukesh Ambani to bring in Oil investments to 3 Oil Blocks above Jaffna which has not been offered by Sri Lanka's government due to difficult issues in War Time era. If Mukesh Ambani or Reliance comes into Jaffna's Oil investments and also Kankasanthurei Harbour which government is trying to develop now, it will increase more Bunkering business in Sri Lanka. Some are saying Alex has also worked with Richard Branson to bring Virgin group to Mattala International Airport by 2015 and he is trying to bring in a investor for SriLankan Airlines. Some say even Alex Lovell may end up buying a 10% stake Sri Lankan Airlines if Government doesn't have a proper investor.

Back to top  Message [Page 1 of 1]

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