LOLC ‘Divi Saviya’ successfully concluded the first phase of its initiative Obai, Mamai, Ape Ratai, making a meaningful contribution to Sri Lanka’s recovery from Cyclone Ditwah by distributing family super packs across six districts, covering 69 divisional secretariats.
Building on this momentum, Phase Two of Divi Saviya commenced on 5 January 2026, launching a nationwide school renovation drive under the same initiative. This phase focuses on restoring 200 schools damaged by the cyclone, ensuring uninterrupted access to education for affected children.
With a total investment exceeding Rs. 400 million, the broader Divi Saviya programme spans family super pack distributions, school renovations in Phase Two, and the complete rebuilding of selected schools in Phase Three. Working closely with relevant government authorities, the project team has identified the most severely affected families and schools, including those that were completely destroyed.
The Phase Two launch was symbolically inaugurated at Kolombissa Vidyalaya, Kandy, marking the shift from emergency relief to structured recovery. The event was attended by Kithsiri Gunawardena, Chief Operations Officer of LOLC Holdings PLC; Nihal Alahakoon, Provincial Director of Education; Indika Udawatte, District Secretary, Kandy District Secretariat; and Madupani Piyasena, Provincial Education Secretary, Central Province, Ministry of Education. Regional and branch managers, staff from LOLC Group companies, and representatives from MTV Channels (Pvt) Ltd.—the infrastructure facilitator of LOLC Divi Saviya—also participated.
CSE Cancels All Equity Trades Conducted Before Today’s Market Halt
The Colombo Stock Exchange (CSE) has announced the cancellation of all equity securities transactions executed today (7 January) prior to the market halt, following the detection of trades carried out at irregular prices.
The Exchange noted that certain transactions conducted by Wealthtrust Securities Limited during the morning session appeared to have occurred at abnormal prices, potentially affecting the buying power of investors. To maintain a fair and orderly market, trading was temporarily halted.
The decision to cancel all pre-halt transactions was made in consultation with the Securities and Exchange Commission (SEC).
Trading will resume only after the affected transactions are fully cancelled, and all orders placed after 9:00 a.m. today are purged from the Order Management System (OMS). Investors will be required to re-enter their orders once trading recommences.
The CSE emphasised that these measures are aimed at protecting investor interests and ensuring market integrity.
LOLC ‘Divi Saviya’ Phase Two Launches with School Renovations