header logo
සිංහලதமிழ்
Vallibel FD
vallible LE
Latest
Live auction for divestment of SriLankan Airlines to be held today
Mar 05, 202409:36 AM
Google NewsAdd on Google
Live auction for divestment of SriLankan Airlines to be held today
Mobitel inner 1278

The live auction to choose an investor for the divestment of SriLankan Airlines is scheduled to be held today (March 05).

 

As such, the bidding is expected to take place live from 10 a.m. to 2 p.m. today, Nimal Siripala de Silva, the Minister of Ports, Shipping and Aviation said while joining Ada Derana’s ‘GET REAL’ segment last week.

 

Meanwhile, a special technical committee has been appointed to assist the live auction process, according to the minister.

 

Following the evaluation of the bids, a report will be sent to the Cabinet of Ministers.

 

“I want someone strong to come forward, who can invest at least USD 500 million and ensure job security for the 6,000 people who are working in the airline,” the lawmaker had said further.

 

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

RelatedNews
Live auction for divestment of SriLankan Airlines to be held today

Live auction for divestment of SriLankan Airlines to be held today

Mar 05, 202409:36 AM
Live auction for divestment of SriLankan Airlines on 05 March - Minister

Live auction for divestment of SriLankan Airlines on 05 March - Minister

Feb 28, 202409:49 PM
MostRead
Mobitel 1278
VideoStories
US announces $17 million grant to Sri Lanka to upgrade Colombo Port digital systems

US announces $17 million grant to Sri Lanka to upgrade Colombo Port digital systems

Former SIS chief Suresh Salley gives evidence before court in Eknaligoda disappearance case

Former SIS chief Suresh Salley gives evidence before court in Eknaligoda disappearance case

Prisons Commissioner meets Chief Prelates, discuss regarding Gnanasara Thero's release

Prisons Commissioner meets Chief Prelates, discuss regarding Gnanasara Thero's release

Group of Buddhist monks demanding Gnanasara Thero's release continue protest after meeting officials

Group of Buddhist monks demanding Gnanasara Thero's release continue protest after meeting officials

Buddhist monks' march demanding Gnanasara Thero's release reaches the Presidential Secretariat

Buddhist monks' march demanding Gnanasara Thero's release reaches the Presidential Secretariat

IMF ready to support Sri Lanka "in any way they desire as appropriate"

IMF ready to support Sri Lanka "in any way they desire as appropriate"

CPC will be strengthened with 75 new fuel stations - President at Economic and Investment Summit

CPC will be strengthened with 75 new fuel stations - President at Economic and Investment Summit

MP Namal Rajapaksa further remanded until Oct. 27 over Airbus bribery case

MP Namal Rajapaksa further remanded until Oct. 27 over Airbus bribery case

Central Bank of Sri Lanka releases Financial Stability Review 2026

Central Bank of Sri Lanka releases Financial Stability Review 2026

Various Buddhist leaders and groups express views on Gnanasara Thero's monastic robes issue

Various Buddhist leaders and groups express views on Gnanasara Thero's monastic robes issue

Former CJ Sarath N. Silva claims punishment imposed on Gnanasara Thero against the law

Former CJ Sarath N. Silva claims punishment imposed on Gnanasara Thero against the law

MP Chamara Sampath Dassanayake remanded following arrest over bribery allegations

MP Chamara Sampath Dassanayake remanded following arrest over bribery allegations

Minister Bimal reveals details of corruption cases filed against politicians and other key figures

Minister Bimal reveals details of corruption cases filed against politicians and other key figures

NPP MP Chandana Sooriyaarachchi released on bail following arrest over road accident

NPP MP Chandana Sooriyaarachchi released on bail following arrest over road accident

Producing Gnanasara Thero before court inprison clothing sparks

Producing Gnanasara Thero before court inprison clothing sparks

Lassana Flora
Lassana Flora