A Message from Prime Group

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Our attention is brought to kindly inform you; on a forged & malicious message that is being circulated on social media along with WhatsApp groups, in a deliberate effort to discredit Prime Group and to purposefully mislead our distinguished customers.

We strongly declare that the message in circulation is completely false, baseless, misleading, inaccurate, published with a malicious intent and hence, lacks total credibility.

Prime Group is managed with the highest level of corporate governance and consistently maintain a very strong financial position. This is reaffirmed by the latest rating upgrading attributed to Prime Group by the Independent Rating Agency ICRA LANKA LIMITED (Subsidiary of Moody’s Investors Service) from SL [A-] to SL[A] stable in April 2022. All our stakeholders consider this rating as one of the greatest achievements even under the prevailing circumstances.

As a responsible corporate citizen, Prime Group with a 26-year-of unblemished track record is now financially stronger than ever before and has always committed to serve our valuable customers in creating a better place on earth.

REFERENCES –

ICRA

https://www.icralanka.com/rationale/icra-lanka-upgrades-the-issuer-rating-of-prime-lands-residencies-plc/

 



 

 

 




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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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