Softlogic Holdings Ltd has been allowed to purchase the disputed Hotel Ceysands at Bentota at a price of Rs.925 million, according to a directive issued by the Supreme Court on Friday.
The 3-member Court bench headed by Justice Shirani Tilakawardane directed the Chartered Accountants committee appointed to devise a repayment plan and to asses and value Golden Key Credit Card Company (GKCC) properties, to accept the offer made by Softlogic, when the GKCC case was taken up for hearing.
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(Source: Sunday Times)
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