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Alex to travel less and quit other Directorships in SL Companies
Sri Lankan invader in ancient era Pandyan AryaChakravarti's family member Alexis Indrajit Lovell - Sri Lanka's titled 'Biggest Deal Maker' who has diverse interests apart from investment banking in many other ways in Singapore, Malaysia, Australia and UK will now have less time in those countries after 2014 since TPG Capital that recently agreed to invest over US $ 130 million or Rs. 15 billion in Union Bank of Colombo in Sri Lanka's largest banking deal so far has grilled Alex Lovell to concentrate more on the building Union Bank and giving a more return on investment to TPG for next 15 years.
Accordingly last few days Alex Lovell had to divest his 16 million share of Access Engineering PLC at Rs.27-Rs.29 levels soon after the Union Bank Extraordinary General Meeting that ended within just 10 minutes on 17th September 2014; where nearly 12 million shares out of it was bought by Odel founder Otara's Brother John Keells Deputy Chairman Ajit Gunawardene who recently got couple of millions when he sold his sister's company's stake held by him to Softlogic group.
Further analysts close to TPG Capital in America highlights that Alex will have to quit many other Directorships in other companies in Sri Lanka according to TPG protocol since Alex as the Chairman of Union Bank will have to concentrate more on expanding Union Bank Business.
Subsequently Alex will now have to resign from Sri Lanka's Malaysia based CIMB Investment Bank venture that has a partnership with NDB Bank and Alex will have his diverse interest via Anarkali Munasinghe - a leading lady investment banker who heads CIMB operations in Colombo after former Alex's close friend Lady Investment Banker Dangalle went to fix in Singapore.
Meanwhile it is also said now Alex Lovell is in search of a new individual lady to maintain his diverse interest with Australian Billionaire Casino Mogul James Packer's Crown Colombo since he was supposed to facilitate the deal in bringing Crown Colombo to Sri Lanka where he was to hold nearly 10%-12% ownership of shares of Crown Colombo.
However it is also anticipated that once Crown Colombo is established all the accounts of Crown Colombo Casino will be maintained at Union Bank whilst Genting Group - another Casino group in Malaysia that was earlier brought to invest in Union Bank will now be establishing another Casino in Sri Lanka soon where Union Bank will do banking with Genting Casino of Colombo.
Further Alex is now in search of another Lady to facilitate his other interests with Access group since he is mainly funded many technical ventures of Access related entities that were later sold to Dialog Axiata for exorbitant amounts such as Anything.lk and Guru.lk.
Alex is thus will have less travel time to abroad and will be living in his Colombo apartments more with lookout for more local opposites since TPG Capital has grilled him for next 15 years to concentrate more on developing Union Bank that has even very very slow ICT and Infrastructure systems to process Customer transactions.
Sri Lankan invader in ancient era Pandyan AryaChakravarti's family member Alexis Indrajit Lovell - Sri Lanka's titled 'Biggest Deal Maker' who has diverse interests apart from investment banking in many other ways in Singapore, Malaysia, Australia and UK will now have less time in those countries after 2014 since TPG Capital that recently agreed to invest over US $ 130 million or Rs. 15 billion in Union Bank of Colombo in Sri Lanka's largest banking deal so far has grilled Alex Lovell to concentrate more on the building Union Bank and giving a more return on investment to TPG for next 15 years.
Accordingly last few days Alex Lovell had to divest his 16 million share of Access Engineering PLC at Rs.27-Rs.29 levels soon after the Union Bank Extraordinary General Meeting that ended within just 10 minutes on 17th September 2014; where nearly 12 million shares out of it was bought by Odel founder Otara's Brother John Keells Deputy Chairman Ajit Gunawardene who recently got couple of millions when he sold his sister's company's stake held by him to Softlogic group.
Further analysts close to TPG Capital in America highlights that Alex will have to quit many other Directorships in other companies in Sri Lanka according to TPG protocol since Alex as the Chairman of Union Bank will have to concentrate more on expanding Union Bank Business.
Subsequently Alex will now have to resign from Sri Lanka's Malaysia based CIMB Investment Bank venture that has a partnership with NDB Bank and Alex will have his diverse interest via Anarkali Munasinghe - a leading lady investment banker who heads CIMB operations in Colombo after former Alex's close friend Lady Investment Banker Dangalle went to fix in Singapore.
Meanwhile it is also said now Alex Lovell is in search of a new individual lady to maintain his diverse interest with Australian Billionaire Casino Mogul James Packer's Crown Colombo since he was supposed to facilitate the deal in bringing Crown Colombo to Sri Lanka where he was to hold nearly 10%-12% ownership of shares of Crown Colombo.
However it is also anticipated that once Crown Colombo is established all the accounts of Crown Colombo Casino will be maintained at Union Bank whilst Genting Group - another Casino group in Malaysia that was earlier brought to invest in Union Bank will now be establishing another Casino in Sri Lanka soon where Union Bank will do banking with Genting Casino of Colombo.
Further Alex is now in search of another Lady to facilitate his other interests with Access group since he is mainly funded many technical ventures of Access related entities that were later sold to Dialog Axiata for exorbitant amounts such as Anything.lk and Guru.lk.
Alex is thus will have less travel time to abroad and will be living in his Colombo apartments more with lookout for more local opposites since TPG Capital has grilled him for next 15 years to concentrate more on developing Union Bank that has even very very slow ICT and Infrastructure systems to process Customer transactions.
