The Cabinet has approved the sale of the government’s shareholding in Lanka Hospital PLC and Sri Lanka Telecom PLC.
Sri Lanka Telecom PLC has informed the Colombo Stock Exchange that the sale of relevant shares will occur as introduced by the State Enterprise Reform Unit, which was established under the Ministry of Finance, Economic Stabilization, and National Policy.
Meanwhile, Ceylon Hospital PLC has also issued an announcement stating this.
The Treasury holds 49.50% of the issued share capital of Sri Lanka Telecom PLC.
Sri Lanka Insurance Corporation holds 51.34% of the share capital of Lanka Hospital PLC on behalf of the government.
