Wednesday 22 October 2014

Sri Lanka’s Touchwood Investments has not handed over plantations to third party

Touchwood Investments PLC which is under liquidation has not handed over the management of any of its plantations to a third party, its liquidator G.K. Sudath Kumar has informed the Colombo Stock Exchange.

This is in response to an article in a newspaper which he claims had stated that ‘a JAT subsidiary manages some Touchwood plantations.’

Sudath Kumara says that this article contains false, unsubstantiated and misleading information and has written to the publication for clarification in is next issue.
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