July 26, 2021
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4min
      `Altair’, the iconic building in Colombo – Sri Lanka is designed by Celebrity Architect Moshe Safdie based in Boston, USA. Moshe Safdie has designed many famous iconic structures including the famous Marina Bay Sands with Sky Garden in Singapore. `Altair’ is in the league of iconic buildings of the world, such as Burj Khalifa, Petronas […]

October 8, 2020
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6min
The major shareholders of Altair project have filed legal actions in the District Court of Colombo against PricewaterhouseCoopers Lanka (Private) Limited (PwC Sri Lanka), a leading professional body for their alleged contribution to facilitate a hostile take-over of the Altair project in November 2019 through a fabricated and unauthorised report. A A Infraproperties Pvt. Ltd., […]

September 9, 2020
Altire.jpg

4min
Indocean Developers has informed buyers of Altair apartments that a recent Supreme Court decision relating to a management rights dispute involving two groups of shareholders was only a denial of a plea by one party to the dispute to dismiss a case filed by two purported directors on the grounds that the said directors had […]

December 11, 2017
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4min
Key personalities of the Altair project at the 'topping out' ceremony (from left) Jayantha Domingo (Surath Wickramasinghe Associates), Athula Amarasekara (Design Team 3), Baiju Ramachandran, (Shapoorji Pallonji Lanka), Harendran Chelvadurai (Indocean Developers), Pradeep Sureka (Indocean Developers), Charu Kokate (Safdie Architects) Pradeep Moraes (Indocean Developers) and Surianarayana Balakrishnan (Shapoorji Pallonji Lanka).


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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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