Its chairman Walter Sanchez said the final board meeting of the top LPG operator in Sri Lanka will be held today, leading to the conclusion of Shell operations in Sri Lanka. A new government-owned firm, Litro will take over the operations under the chairmanship of Gamini Senerath, who is also Additional Secretary to the President.
Shell employees absorb under Litro in island wide and also 100% of Share owned by government. This deal 63 Million for 49% of Share from shell company.
The same deal includes 100% of shares in Shell Terminal Lanka Ltd. (BES)
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