A Stock market filing said, the Board of Directors of the company has given their approval to the move.
Marawila Resorts PLC is a listed firm in the Colombo Stock Exchange.
http://www.news360.lk/business-finance/news-sri-lanka-hotels-06-07-2012-marawila-resorts-to-add-another-56-rooms-667541
CSE Link:
http://www.cse.lk/cmt/upload_cse_announcements/8451341544538_.pdf