Softlogic says no deal on Milco Land

Thursday, 5 February 2015 00:00 -     - {{hitsCtrl.values.hits}}

In response to various media reports, Softlogic Holdings Plc in a filing to the Colombo Stock Exchange on Monday said there is no deal with regard to the Milco Land at Kirimandala Mawatha, Colombo 5. It said after having expressed interest in October 2014 along with several other parties in respect of the tender called by the Board of Investment for the Milco Land project, Softlogic to date has not received any further information about its application which was under consideration. Softlogic also categorically denied that the company has entered into any formal agreement with the BOI on the Milco Land property despite media reports to the contrary.