Sri Lanka Telecom Chairperson Leisha Chandrasena dismissed speculation that the 35% of the Sri Lanka Telecom stake held by Nippon Telegraph and Telephone Co Ltd (NTT) of Japan had been sold to Maxis of Malaysia.
We have not been informed yet of an imminent sale of these shares and even if so, that is a private transaction between those two parties which we are not involved and which we are not privy to, Chandrasena told the Daily News Business last night.
Contrary to weekend news reports, she said there was no emergency board meeting held yesterday but what was there was a routine board meeting which was agreed a month ago to deliberate on financial and operational aspects of the company, she said.
She explained that the position on the sale of the NTT shares was that the Stay Order issued by Court was lifted.
There is also no truth regarding the resignation of SLT CEO Shoji Takahashi who was very much there at the Board Meeting, she said.
She also pointed that the SLT would be making an announcement to the Colombo Stock Exchange and the public through a media release if and when such a transaction takes place.