Nimal to sit in Hayleys Board
Former investment advisor Nimal Perera is likely
to acquire a seat in the Board room one of the Lankan leading
blue-chip companies Hayleys Group, its sources said.
Fitch affirms National Savings Bank’s ratings
Fitch Ratings Lanka has affirmed NSB National
Long-term rating at ‘AAA(lka)’. The Outlook is Stable. NSB’s rating
reflects its full State ownership, systemic importance, the low
credit risk on a majority of its assets and the explicit government
guarantee on deposits.
UML records Rs. 519.7 m profit after tax
UML completed yet another successful year,
sustaining its consistent record of profitability and growth and the
Group as a whole, earned its highest ever profit in the financial
year 2007/08 reporting a profit after tax of Rs. 519.7 million
CSE indices move up
The indices at the Colombo Stock Exchange moved
up marginally with the ASPI gaining five points (+0.2%) to close at
2,409 while the MPI, which tracks the most liquid stocks, gained 7
points (+0.2%) to close at 2867.