65 SOEs to go public By Duruthu Edirimuni Chandrasekera View(s): View(s):With the State-Owned Enterprises (SOE) Act for the proper management and maintenance of SOEs coming in the 1Q next year, certain such entities have agreed in principle to go public on the Colombo Stock Exchange, a deputy minister said. About 65 SOEs have agreed in principle to go for listing. He said that these selected entities will be brought under a holding company. The proposed Bill will enable the SOEs to be completely void of political influence and to appoint professionals with expertise in their fields to their boards of directors with professional qualifications, Dr. Fernando added. The Treasury will not take that burden.” In April Dr. Fernando participated in a high-level meeting with President Anura Kumara Dissanayake and senior airline officials.
Source: Sunday Times December 28, 2025 03:08 UTC