rnThe selected candidates includes, Confifi Management with Cino Lanka (of Kundanmal Group); Willam Bogstra with a group of Austrian investors; Serendib Leisure, Aqua Sun of Maldives, Favourite Investments and LTU Touristic GmbH; Jetwing, MAS Holdings, Carbotels Ltd., (under Hayleys Group) and Ceylon Tea Services (of MJF Group); John Keells Holdings; Ceylon Tours with SSImpex (management by Allson Hotels); Columbus Tours with Hellhen International of Denmark; SC Capital (Sampath Bank-Chinkara joint venture), Vallibel Holdings (Dammika Perera) and Chinkara Capital (management by Aitken Spence); and Sierra Holdings.
rnThe share capital of the owning company is estimated at Rs. 48 mn, while that of the management company is Rs.
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12 mn.
rnOperated as an all-inclusive holiday club, the resort was managed by Robinson Hotels, a com