Monday, Jul 21, 2025

Lanka Realty Investments advances strategic divestment and capital infusion

By Daily FT

Insight

Lanka Realty Investments PLC (LRI) yesterday announced two major steps in its strategic repositioning and financial strengthening journey – the divestment of Baseline Holdings Ltd., for Rs. 1.1 billion on 18 July and a capital infusion of approximately Rs. 1.21 billion into HQ Colombo, as formally disclosed to the Colombo Stock Exchange on 11 May.

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News Article by Daily News Sri Lanka about Lanka Realty Investments

Daily FT

Newspaper

The Daily FT or the Daily Financial Times is a daily English-language newspaper published in Colombo, Sri Lanka, by Wijeya Newspapers. Its sister newspaper The Daily Mirror and its Sunday counterpart Sunday Times are among the important newspapers in Sri Lanka.

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