Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» UBC TO HIT 24 ??
by sanjulanka Today at 2:05 pm

» AEL.N0000 is the Next AAIC.N0000 -
by Trader321 Today at 12:37 pm

» presidential election very soon ?
by Trader321 Today at 12:36 pm

» World Bank approves USD70Mn to Sri Lanka
by Sstar Today at 11:13 am

by Sstar Today at 11:09 am

» INSURANCE companies finally falling!
by Sstar Today at 11:04 am

» Sri Lanka shares end little changed; rupee rises
by Miss-Sangeetha Yesterday at 6:30 pm

» Daily Stock Market Update
by Insights Equity Yesterday at 6:17 pm

» Diversification of Sri Lankan economy, must to garner more economic benefits
by ChooBoy Yesterday at 2:04 pm

» ALHP Right issue......!!!!1
by Miss-Sangeetha Yesterday at 11:47 am

» UBC.N0000- Donnt miss this
by Trader321 Yesterday at 10:13 am

» Sri lanka tourism income reached 4.4 billion USD 2019
by ranferdi Yesterday at 8:48 am

» BFN - DEAL OVER - TO BE DE LISTED SOON AFTER THE PRIVATE PLACEMENT ඩීල් එක ඉවරයි @ 19-59 - කොටස් වෙළදපලෙනුත් ඉවත් කරගන්නා බවට ආරන්චි
by sanjulanka Mon Mar 18, 2019 7:03 am

» While waiting for the market to rebound, look for bargains if you can afford the risk. Try to be active at the right time to gain something
by Asoka Samarakone Sun Mar 17, 2019 3:18 pm

» ඉතා ඉක්මනින් සේවක අර්තසාදක අරමුදල නැවත කොටස් වෙළදපල ට
by mahasona2 Sun Mar 17, 2019 3:43 am

» Central Bank targeting early return of EPF to stock market
by mahasona2 Sun Mar 17, 2019 3:24 am

» Lofc delisting??
by Bdcdman Sat Mar 16, 2019 11:16 pm

» Weekly Stock Market Roundup
by Insights Equity Sat Mar 16, 2019 5:37 am

» Today is UBC.N0000 day.
by Trader321 Fri Mar 15, 2019 11:32 am

by Bdcdman Fri Mar 15, 2019 11:11 am

by Miss-Sangeetha Fri Mar 15, 2019 10:52 am

by ranferdi Fri Mar 15, 2019 8:45 am

by mahasona2 Thu Mar 14, 2019 11:05 pm

by Yahapalanaya Thu Mar 14, 2019 6:09 pm

» ලාංකීය හෙදියකට ලක්ශ 9 ක් ගෙවන ඇමෙරිකාව
by Uaecoindubai Thu Mar 14, 2019 3:48 pm

» BALA.N potential
by NP Thu Mar 14, 2019 2:30 pm

by karuna2 Thu Mar 14, 2019 11:43 am

» රජයේ පඩි දෙගුණයක් වුන හැටි
by Uaecoindubai Thu Mar 14, 2019 9:31 am

» UBC.N0000 Vs AEL.N0000 - What will be the best
by Trader321 Thu Mar 14, 2019 9:15 am

» UBC - Stake up by big invester
by sanjulanka Thu Mar 14, 2019 7:57 am

» EFP TO start again invest in Stocks
by mahasona2 Thu Mar 14, 2019 1:10 am

» Second reading of budget passed by 119 Votes - Shows this Government is Confident
by Maharaja Wed Mar 13, 2019 11:27 pm

» UBC - What is going on
by mahasona2 Wed Mar 13, 2019 9:51 pm

» Fall of stocks - Big Players are behindThis is the time to buy and collect stocks
by mahasona2 Wed Mar 13, 2019 9:49 pm

» Government salary hike almost double..
by Uaecoindubai Wed Mar 13, 2019 9:32 pm

by soileconomy Wed Mar 13, 2019 7:19 pm

» UBC.N0000 ? Expert ideas please ?
by Trader321 Wed Mar 13, 2019 2:31 pm

» UBC.N000- keep eye, something is happening
by Trader321 Wed Mar 13, 2019 2:22 pm

» How about EAST @ 10/= end of march
by karuna2 Wed Mar 13, 2019 2:21 pm

» CHOU.N0000
by Shiranleet Wed Mar 13, 2019 11:16 am

» Why Access might be over Rs. 2000/ per share valued along with Banks by 2049, due to New Budget Proposals on Joint Venture Construction projects
by Chanaka303 Wed Mar 13, 2019 9:58 am

» HPWR-Unnoticed Gem?
by Chanaka303 Wed Mar 13, 2019 9:57 am

» What is going on with TFC.N0000
by Gihan04 Wed Mar 13, 2019 9:45 am

» DIST.N0000
by Bdcdman Wed Mar 13, 2019 1:13 am

» Sri Lanka largest Foreign Direct Investments realizer and Deal Maker: Union Bank connected Alex Lovell might own and control over US $ 40 billion worth properties by 2025 in Sri Lanka, around over 30% of Sri Lanka's GDP of US $ 120 billion
by JosephMark Wed Mar 13, 2019 12:40 am

» Hpfl and rhtl
by Yahapalanaya Tue Mar 12, 2019 7:58 pm

» Exit out from EAST, Valuations are low. Dont wait till the month end.
by charithaa Tue Mar 12, 2019 12:33 pm

» EAST.N0000 - Huge loss...Donn't get into these traps.
by investo Tue Mar 12, 2019 12:05 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Sri Lanka largest Foreign Direct Investments realizer and Deal Maker: Union Bank connected Alex Lovell might own and control over US $ 40 billion worth properties by 2025 in Sri Lanka, around over 30% of Sri Lanka's GDP of US $ 120 billion

Sri Lanka largest Foreign Direct Investments realizer and Deal Maker: Union Bank connected Alex Lovell might own and control over US $ 40 billion worth properties by 2025 in Sri Lanka, around over 30% of Sri Lanka's GDP of US $ 120 billion

Go down  Message [Page 1 of 1]


Stock Trader
Sri Lanka's key projects now owned or sold mainly to top Indian or Chinese or European investors have been broguht into the island nation from 2000 era to date by Indrajit Alexis Lovell or the famous investor and deal makerwho brought in Saudi King's one of the nephew's, Malaysia's Genting Group and other investors to then struggling Union Bank of Colombo which down with a Rs. 400 million fraud about 15-20 years ago that was then earlier owned by Ajitha De Zoysa, Thilak De Zoysa and family. Alex Lovell saved De Zoysa's twice by bringing investments to Union Bank of Colombo twice also by taking in TPG Capital in 2011-2013 era and also bringing in Al-Futtaim to AMW company. Alex Lovell is also the person who was successful in bringing in James Packer to Sri Lanka and he was supposed to own 10% of James Packer's Casino. 

Currently Alex Lovell has brought in CIMB to Sri Lanka and has brought in NTT of Japan to SLT in Past and has brought in Malaysia's Ananda Krishnan who owned Maxis Telecom to buy Sri Lanka Telecom PLC (SLT) in past from NTT. Alex's former connected indirect family own the ICICI Bank building in Colombo. Alex also brought in BEN Holdings with Subaskaran Allirajah - a British Sri Lankan Tamil entrepreneur to invest in Sri Lanka's fallen ETI Holdings which was earlier owned by Soma Edirisinghe's family. Now Alex Lovell is the Chairman of BEN Holdings. He has also brought in Rs. 1 billion investment to now renamed UB Finance which was earlier named as F&G company of Ceylinco. After collapse of Ceylinco ALex brought in investments to F&G because it had lots of land assets that was more clear in titles than The Finance & CO. PLC.

Recently Blue Mountain properties has been struggling to find an investor to their seven star hotel and after that they have got a Chinese investment to start the project. Same Chinese company Zhong Tian Ding Hui Pvt Ltd has come to rescue Janaki Siriwardhana who was finding an investor for Colombo's Krrish Square which is now named as One Transworks Square or THE ONE Colombo project. Alex Lovell has started working with Janaki Siriwardhana former wife of famous actor Singer of Maname Wijeratne Warakagoda's son - Jananath Warakagoda and has helped Janaki by bringing in  Ritz-Carlton Residence Colombo, JW Marriott and The One towers to THE ONE Colombo project. 

Some say Alex Lovell own considerable stakes in All companies and he first became billionaire thanks to former Sri Lankan origin Malaysian Planter who died without properly transferring wealth in Malaysia who was connected to Alex. 

Alex is also said to be owning many stakes in several companies including Access and and other major land and cosntruction related companies. He has also helped ThinkCube systems to make deal with Dialog to launch and ThinkCube to be connected with Access Engineering. Some say he is the one who invited Nadira Williams and family members who sold Alumex to invest in Access and Dhammika Perera companies. According to some Colombo Elite ladies ALex Lovell has strong skill in making lots of educated ladies reaching and leading making them Colombo's top lady investment bankers. 

According to some top bankers Alex Lovell's wealth is calculated to be around US $ 5 billion right now and he will be worth around US $ 40 billion by 2025 owning majority of Luxury properties in Sri Lanka by another 6 years since he has brought in over US $ 2 billion investments to Sri Lanka including the AIA deal for NDB Bank that happened few years ago. Some say ALex is a silent achiever in everything he do and he is the most influential investment banker who has brought in over US $ 2 billion to a US $ 80 billion economy in a 20 years history.Alex now control over 40 movie theatres in Sri Lanka since he is the Chairman of ETI, Swarnamahal Jewllers and EAP Theatres owning company BEN Holdings.

Alex Lovell is also famous to be working with Qatar King and his Government to transfer 20% of Colombo Stock Exchange's ownership to Qatar's Sovereign Wealth Fund whilst Qatar is looking to invest over US $ 1 billion or Rs. 182 billion in Sri Lanka's 10 islands near Kalpitiya for last 9 years until government clear the projects. Once completed Qatar will invest in a over 70 storey hotel like Burj AL Arab in Dubai with underwater views and Express Running from Port City to Kalpitiya. 

Alex Lovell's historical family is said to be connected to Jaffna area and he is supposed to be bringing investments to fuel Jaffna's development too. Some say Alex Lovell is working with Mukesh Ambani to bring in Oil investments to 3 Oil Blocks above Jaffna which has not been offered by Sri Lanka's government due to difficult issues in War Time era. If Mukesh Ambani or Reliance comes into Jaffna's Oil investments and also Kankasanthurei Harbour which government is trying to develop now, it will increase more Bunkering business in Sri Lanka. Some are saying Alex has also worked with Richard Branson to bring Virgin group to Mattala International Airport by 2015 and he is trying to bring in a investor for SriLankan Airlines. Some say even Alex Lovell may end up buying a 10% stake Sri Lankan Airlines if Government doesn't have a proper investor.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum