Business

Business
Massive rights issue to raise Rs. 2.8 bn. zero cost cash opens JKH expect to quit some businesses and enter new fields down the road EGM called for Dec. 9 to formalize arrangements Decks cleared for merger of Asian Hotels and Crescat Development June-July IPO on the cards says LIOC chief Lanka IOC looking at a stock exchange listing in mid-2004 Full recovery expected in last quarter of current fiscal year Coconut shell charcoal prices drives Haycarb into red at mid-year Nestle more than doubles 9-month post-tax profits	Lanka Ventures half-year profit up despite poor second quarter Is The Water Services Reform Bill been challenged in the Supreme Court for its constitutionality Profit share from associate boosts Singer Industries Prevailing tariffs discourage local assembly of TV receivers 9-month profit soars due to associates’ contribution Regnis scores with frost-free fridges, plans to launch a Sisil model soon Bartleet’s Stock Market Report Namal Growth Fund pushing stock market investment









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