Home » Almas Holdings Commits Rs. 225 Million to Flood Relief and Reconstruction

Almas Holdings Commits Rs. 225 Million to Flood Relief and Reconstruction

Source

December 13, Colombo (LNW): Almas Holdings Pvt Ltd has announced a donation of Rs. 225 million to aid recovery efforts in the wake of Cyclone Ditwah, with a significant portion earmarked for the government’s ‘Rebuilding Sri Lanka’ President’s Fund.

The long-established investment and real estate group confirmed that the contribution would be made via its subsidiary, Almas Equities Pvt Ltd, a licensed stockbroking firm regulated by the Securities and Exchange Commission and the Colombo Stock Exchange.

On Friday, Chairman Imtiaz Buhardeen personally handed over a cheque for Rs. 100 million to President’s Secretary Dr. Nandika Sanath Kumanayake at the Presidential Secretariat. He also pledged an additional Rs. 125 million specifically to support recovery and rebuilding initiatives in the flood-hit Kandy District.

Buhardeen emphasised that Almas Holdings is committed to helping communities affected by the floods, focusing both on immediate relief and long-term rehabilitation. “We aim to provide support where it is most urgently needed and contribute to sustainable recovery,” he said.

The handover ceremony was attended by senior executives of Almas Equities and Almas Holdings, including Managing Director Shameer Buhardeen, Directors Risvi Abdul Majeed and Ruzly Shamsudeen, CEO Ifadh Marikar, and Strategic Development Consultant Thakshila Hulangamuwa.

The government-established ‘Rebuilding Sri Lanka’ Fund serves as a central mechanism to channel financial assistance for relief, rehabilitation, and reconstruction projects following natural disasters, ensuring swift and coordinated support for affected communities.

The post Almas Holdings Commits Rs. 225 Million to Flood Relief and Reconstruction appeared first on LNW Lanka News Web.

What’s your Reaction?
0
0
0
0
0
0
0
Source

Leave a Comment


To prove you're a person (not a spam script), type the security word shown in the picture.
You can enter the Tamil word or English word but not both
Anti-Spam Image