CHSGA "Back to School" Lunch

The Ceylon Hotel School 'Graduates Association' had its Annual General Meeting at Eden Resort recently.

They used a new theme for this event called " Back to School ".

Workers of the Hotel were dressed as school girls and boys.

photos from 33000.

Husband pawns wife to friend

A disturbing news about a person pawning his wife to borrow money is reported from Dambulla police station.

The story has been revealed after the debtor has complained to the police station asking the police to help him to retrieve his wife who is under the custody of his friend.

It is said that this person is a heavy drug addict and had borrowed 15,000 Rupees from one of his friends to buy narcotics. and as for the interest and security, he had pawned his wife to the friend for 90 days.

The wife being a mother of two, had faced this with consent and had lived together with the friend for one and a half months. And by enjoying the love and care of "her owner" she had become fond of the friend than her drug addict husband who harasses her all the time.

It is also said that the friend too was a divorcee and that they both had lived together happily.

But after the time period, the husband had asked the wife to come with her but she had refused. The friend too had refused to give him her.

However, the woman says that the friend is better than her husband. The friend says that he is not giving her the women who was pawned to her. And the husband asks the police to give him back his wife.

Saheli back in SL

Saheli Gamage who came under the spotlight with the famous "Ayu Bo Wewa Maha Rajaneni" song, has arrived back in Sri Lanka from Georgia.

She has come back this time after 6 months as she is now studying at the Tbilisi State Medical University (TSMU) in Georgia, doing her 4th year.

The total time duration of the degree is said to be 6 years with a 5 year academic term and 1 year practical training.

However, she is scheduled to go back to Georgia again on the 10th October.

She had told a local newspaper that she now has American, Azerbaijan, Indian and African fans as well.

She says that she has already sung two Russian songs and that her next song in Sri Lanka will be a Buddhist song, written by Ven. Seevali thero in Gangarama temple and music by H.M. Jayawardena.

Couple given own child as a gift in their wedding

An interesting news about a couple who got married in the De Soysa maternity hospital getting their own baby as a wedding gift is reported from De Soysa hospital.

The couple had this baby before the completion of the required age limit to get married and thus they got married according to the custom and they received the baby's guardianship after that.

The director of the hospital Ms. Dhammika Jayalath and the staff had played an important role in organizing their marriage.

Sri Lankan Models Photos ( 33 ) : Mrs Asia Srimali Fonseka

Discover the beauty of Sri lankan Girls... Yes. We have started new feature...

 Here you can see the hot and beautiful Srilankan Models girls and actress photos..

Sri Lankan girls are beautiful and really hot. After 30 years of war Sri Lankan is now enjoying their lives. Modelling industry is also started to boom with Tourism industry of Sri Lanka. Sri Lanka is known for Tea, Cricket, Sunny beaches, Wildlife, Ancient history and many more. But you must know Sri Lanka also has many hot & sexy beautiful girls as well. Here I share variety of Sri Lankan girls who perform in modeling industry in Sri Lanka. Enjoy...

Here are some photos of  Srimali Fonseka, the recently crowned Mrs. Asia.
It took 27 years to get Mrs. Asia crown to Sri Lanka.

Before that the Mrs. Universe crown was won by UNP MP Ms. Rosy Senanayake.

All the credits goes to original photographers.

SEC suspends Touchwood

• Trading of shares halted for three days; suspension amidst fall of stock price and chaos among investors and customers
• SEC starts fully-fledged investigation into affairs of troubled company; tougher action likely
• Market welcomes move but some analysts term measure as coming too late
• SEC probe likely to focus on whether TWOD Chairman’s sale of shares bordered insider trading parameters
• Customers of timber plantations of TWOD in Thailand cry foul over unmet assurances

The crisis facing Touchwood Investments Plc (TWOD) took a new turn when the Securities and Exchange Commission (SEC) yesterday suspended trading of its shares for three days.
The capital markets regulator said that having carried out a preliminary inquiry into the conduct of Touchwood, it has decided to commence a fully-fledged investigation into the business affairs of TWOD.

The suspension came when Touchwood was trading on a falling market for itself. The share price dipped to a low of Rs. 1.20 before being suspended when the share was trading at Rs. 1.30, down by 20 cents. Around 2.4 million shares were traded when the suspension came into force.

Earlier in the week, the share plunged to an all-time low of 90 cents but recovered thanks to interest from speculative and bargain hunters.
Touchwood styles itself as the pioneer of the agro-forestry investment industry in Sri Lanka. It specialises in the cultivation of high value exotic tropical timbers as an alternative and sustainable source of forest products (mahogany, vanilla, sandalwood, teak and other cash crops).
Most stakeholders welcomed the action by the SEC, which has been carrying out preliminary investigations for more than a month. SEC is likely to take tougher measures in order to stem further erosion in TWOD’s value as well as investor/creditor confidence. But some analysts termed the action as coming too late.

However, it appears most of the investors who bought into TWOD since Friday didn’t treat the public notice of winding up application by a defaulted customer seriously. It was only on Wednesday that the company itself admitted via a filing to the CSE that there was an application and that it would be opposed and defended.

The majority of buyers also didn’t mind taking on fresh exposure to TWOD even after the Daily FT on Wednesday exclusively reported that among sellers on Monday was TWOD Chairman R. Maloney itself. He later confirmed the sale of 3.35 million shares or a 3% stake.

Good governance activists raised a host of issues with regard to the conduct of Chairman Maloney. His sale of shares was on Monday whilst the company disclosed the winding up application was filed because of Rs. 3.8 million due to a customer as claimed, and the case was opposed and defended only on Wednesday.

Maloney sold his shares at prices ranging between Rs. 1.80 and Rs. 2 per share, relatively higher than the current week’s lowest of 90 cents as well as yesterday’s closing of Rs. 1.30.

Analysts said SEC investigations would determine whether the TWOD Chairman’s action sans inadequate disclosure or non-disclosure was aimed at profiting or minimising losses – two motives linked to insider trading. The notice by legal firm F J & G De Saram appeared in a State-owned newspaper on Friday.

It said the Western Province High Court has listed a petition to be heard on 3 October over winding up Touchwood Investments following an application filed by a customer. It also said “any creditor contributory” to the firm who may want to support or oppose the action could get a copy of the court petition and be present at the hearing. Interested parties could make submissions before 2 October.
This was not the first time Maloney or related parties had sold their own shares. In July, Chairman Maloney sold 6.6 million shares between a low of Rs. 3.50 and a high of Rs. 4. Of the quantity, ASPIC Corporation in which Maloney is a Director bought 3.8 million shares. As at June 2013, Maloney was holding 10 million shares or a 9.35% stake.

In the week ended yesterday, 45 million shares of TWOD or a 42% stake had changed hands. The volume hit a high on Wednesday with 16 million preceded by 13 million on Tuesday.

Any loss suffered by shareholders is secondary when considering creditors to TWOD who fear major repercussions. The application filed by customer K.A.D.L. Priyanka Nanayakkara of Rajagiriya) is a case in point.

It learns that several customers who have investment schemes with TWOD have had protracted issues ever since some of their investments matured. For example, one customer said they invested in a timber plantation in Thailand with the promise of harvesting in five years, which was in 2012.

However the company had claimed that due to some failure, harvesting has been delayed by a further three years.  Efforts by the customer to at least get 50% of the capital have so far failed.

As at end FY13, TWOD’s assets amounted to Rs. 8 billion, up from Rs. 6.8 billion in the previous year. Net asset per share was Rs. 29. If one factors in the latter, then the share trading at current prices is an insult. However, these are biological assets and in the past analysts had raised various questions on their accuracy.

Despite styling itself as pioneer and in business for over a decade, TWOD remains saddled with over Rs. 500 million worth retained losses. Liabilities amounted to Rs. 4.7 billion as at end FY13, up from Rs. 3.7 billion a year earlier.

Hiru Mega Bite Team Remanded

Three suspects who are told to be working in a Hiru Tv was brought before Negambo magistrate yesterday (05) under the accusation of harassing the well known actor Mihira Sirithilaka and attempting to obtain ransom from his wife.

The suspects were ordered to be sent to remand prison until the 10th September.

The suspects were a program presenter in the Hiru TV named Sunoj Fernando and actors of "Mega bite" TV program Patric Mayura and Charith Fernando.

On the 1st September, While returning home with a group of persons after shooting a visual for a Song, Mr. Sirithilaka had been abducted by this group who had come in a jeep.

This group had made death threats to Mr. Sirithilaka while making him kneel down on the street and had telephoned his wife to demand ransom.

While doing all these, they had video taped all the events to be telecasted in a program called "Mega bite" in Hiru TV.

On the very day of the event, Kochchikade police has handed in a B report to the Court regarding the incident.

Two of the suspects were brought before the judge without exposure and was ordered to be presented to an identification parade.

But the presenter of the Mega bite program was exposed in his capacity.

Police also reported to the Court that the Jeep used in the crime has not yet been taken in to police custody, as well as the recordings of the event.

Meanwhile the defense counsel informed the Court that the particular TV channel has agreed to give their consent to any condition of the victim, to mediate the issue without going for further legal action.

Related :::  Mihira Sirithilaka was assaulted by "Hiru Mega Bite " Team