Colombo (LNW): Reyaz Mihular, new Chairman of Sri Lanka Telecom PLC assured that the recent changes in the company’s Board of Directors had nothing to with the divestment of shares by the Government of Sri Lanka (GOSL).
In a statement, the SLT Chief emphasised that they as a Director Board have a sole responsibility to ensure SLT-Mobitel is run professionally, and the shareholders, therefore, cannot be expected to be told any conditions for selling shares. In this case, the decision can only be made by the GOSL itself, Mihular added.
The SLT Chairman further noted that the changes made in the company are solely “to ensure that SLT-Mobitel is managed properly following good governance practices.”
Full Statement:
