Monitoring MP of the Defense Ministry R. Duminda Silva has been appointed as a Non-Executive Independent Director in the Touchwood Investments PLC which has fallen into crisis.
This appointment has been made to be effective from the 23rd September. After this news, it is reported that the share prices of the Touchwood company have started to go up since today morning.
Apart from this, Mr. Lanka Wijendra Kiwlegedara, a head of a mineral export company approved by the BOI has been appointed as the Touchwood's new Executive Director.
Sri Lanka Securities and Exchange Commission (SEC) which represents the Colombo Stock Exchange (CSE) had
recently suspended the share transactions of the Touchwood Investments PLC.
