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THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)

+24
Rich Guy
vikiperera
Thushara Ayya
Nandun
lakmal
subash81
ThilinaM
KavinduTM
Teller
Junior investor
bhanu
stockback
lux2014
dilruk raja
abra12
sunbee
ronstyn
tubal
investor123
Fresher
Marketsentiment
Monster
is
marketanalyst
28 posters

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vikiperera


Manager - Equity Analytics
Manager - Equity Analytics

next super star will be LHCL
1 no volume
2 revaluation NAV over RS 200
3 Retained Earnings 8 billion 
4 gautham adhani waiting
5 government have to do restructuring process    
6 technically about to fire
7 big players are finding volumes
8 government need cash urgent

Rich Guy


Equity Analytic
Equity Analytic

LHCL seems to have invested most of its retained earnings in Bonds/FDs, which will give a massive finance income, especially in Dec quarter.

Bakka1988 likes this post

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics

it is about to start next movement .technically buy signal if it break 130 it is unstoppable up to 200 level

54THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000) - Page 3 Empty What about Lanka hospitals.... Wed Mar 22, 2023 8:23 pm

Thushara Ayya


Moderator
Moderator

What will be the future of LHCL...?✅

Beyondsenses


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Thushara Ayya wrote:What will be the future of LHCL...?✅
උස්සලා පොළවේ ගහන seen එකක් වෙන්නත් පුළුවන්. ඔයාලා කලින්ම අපිව දැණුවත් කලානම් 35-50 වගේ එල්ලෙනවා නේ ... දැන් නම් කෝච්චියේ වේගේ වැඩි වගේ Wink

SAGA


Moderator
Moderator

[size=46]Aliraja to buy state-owned shares in Telecom & Lanka Hospitals![/size]



THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000) - Page 3 Subaskaran_Aliraja_1200px_23_03_23-1











It was reported that Lycamobile owner Subaskaran Aliraja, who has become the ultimate owner of three radio and television channels in Sri Lanka, has offered to buy state-owned shares in Sri Lanka Telecom PLC and Lanka Hospital PLC.
The Cabinet approved to sell the shares owned by the state in these two companies.
In a notification to the Colombo Stock Exchange, Sri Lanka Telecom PLC and Lanka Hospital PLC said that the sale of these shares will take place as recommended by the State Enterprise Reform Unit established under the Ministry of Finance, Economic Stabilization and National Policy.
The Treasury holds 49.50% of the issued share capital of Sri Lanka Telecom PLC.
Meanwhile, 51.34% of the share capital of Lanka Hospital PLC is held by the Sri Lanka Insurance Corporation on behalf of the State.
[size=18]How Aliraja owned TV & Radio channels!

Aliraja is currently the owner of EAP Broadcasting Networks which operates two television channels including Swarnavahini and 3 radio channels. 
He also owns Sky Media Networks that operates two TV channels including Sitha TV and 3 Radio channels as well as Max Broadcasting Networks which operates one TV channel and radio channel each.
Although arrangements have been made to show this as a local investment, it is said that this is completely a foreign investment.
However, economists are of the opinion that Aliraja, who has made huge investments in the Indian film industry, taking over these media networks and telecom and communication networks will have a powerful impact on Sri Lanka’s national security and economy.
Swarnavahini deal

The media earlier reported how he invested money in Swarnavahini still remains a secret, and how he had credited the funds from an account which is not under his name to make the investment.

The State Intelligence Service informed the Telecommunications Regulatory Commission (TRC) and the Ministry of Mass Media that several directors of the foreign company, which bought shares of the EAP Group of Companies including the ‘Swarnavahini’ media network which was facing a financial crisis, had maintained close connections with the LTTE.
The Ministry of Defence has informed the TRC and the Ministry of Mass Media on November 15, 2019 through letter number MOD / TEC / 01 / MGMR Network / 2019 (04).
A portion of the assets of EAP Group of Companies had been purchased for Ben Holdings Pvt Ltd.
How Subaskaran violated Companies Act

Today, this company has been able to indirectly obtain 60% ownership of Swarnavahini by violating the laws and regulations of Sri Lanka.

This is because Ben Holdings Private Company has bought 40% of shares while an individual by the name Alex Lowell has bought the remaining 20% of shares.
Meanwhile, 40% of the shares owned by Swarnamahal, EAP Films and other companies belonging to the EAP Business Group are owned by a Singaporean company, Blue Summit Capital.
It was revealed that three members of Ben Holdings Pvt. Ltd had direct links with the LTTE when the company was attempting to buy MGMR Networks owned by MGM Networks Pvt. Ltd.
Before buying a TV channel, the directors of the company that was making the purchase must obtain a clearance certificate from the Defence Ministry. Accordingly, this information was revealed when they were trying to get the relevant clearance certificate.
The directors were not required to obtain clearance certificates from the Defence Ministry when buying Swarnavahini since the license of the TV station was old.
It was revealed that  Subaskaran Aliraja, who was born in Mullaitivu, Sri Lanka and later moved to France and became a millionaire, has funded all parties including Ben Holdings Pvt. Ltd, Blue Summit Capital and Alex Lowell. 
He is said to be a strong financial supporter of the British Conservative Party and former Prime Minister John Major.[/size]

Beyondsenses likes this post

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000) - Page 3 Img_0213

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