Kalpitiya Beach Resorts shareholders unanimously support Board resolutions

Shareholders of Kalpitiya Beach Resorts PLC at an Extraordinary General Meeting held on 19 June unanimously supported and adopted the resolutions presented to them by the Board.

The EGM puts an end to the unwarranted publicity focused on Kalpitiya Beach Resorts PLC over the past few weeks. The proposed original venture in Kalpitiya was held back due to the Government’s proposed Kalpitiya Integrated Tourism Resort project not being implemented to date. The EGM was held to seek shareholder approval for the implementation of an alternate plan of action, as set out in a circular to shareholders on 1 June.

Apart from unanimously passing the resolutions at the EGM, shareholders of Kalpitiya Beach Resorts expressed their optimism and commended its parent company Citrus Leisure PLC for the continued performance of its operational properties Citrus Hikkaduwa and Citrus Waskaduwa. 

Shareholders extended their appreciations to the Board of Directors for their management of the affairs of the company and entrusted them to steer the future with the same confidence. 

The Board of Directors of Kalpitiya Beach Resorts PLC expressed their gratitude to shareholders for the unwavering trust and confidence placed in them.