Monday, 1 February 2016

JKH to delay Cinnamon Life project

Sri Lanka’s premier blue chip John Keells Holdings PLC (JKH) said the completion of the Cinnamon Life project, previously Waterfront, would be delayed till 2019. 

Previously the project was slated to be completed in 2017. John Keells Chairman Susathan Ratnayake said the US $ 850 million project had seen some “unforeseen delays” and would be completed only in 2019. 


(Source: Sunday Times)