Ex PM makes emotional appeal to MS MR and CBK

Former Prime Minister D M Jayaratne today made an emotional appeal to President Maithripala Sirisena, former President Mahinda Rajapaksa and former President Chandrika Kumaratunga to take measures to ensure the Sri Lanka Freedom Party does not split.Speaking at an event in Kandy today, Jayaratne said that he feels very sad at what is taking place within the SLFP. “I am still attempting to unite these three leaders,” Jayaratne said.Jayaratne said that if the three leaders unite then the SLFP can easily win an election at any time. Jayaratne, who was Prime Minister under Rajapaksa, said that he feels outside influence has resulted in attempts to split the party. He said that he personally met President Maithripala Sirisena and the two former President’s and appealed to them to protect the SLFP. He said that so many SLFP supporters have urged him to unite the party and he will continue to make that effort.The former Prime Minister said that he knows he will not live long but his love for the party will never die. (Colombo Gazette) read more

Husky Energy shares rise on analyst report about potential privatization

CALGARY — Shares in Husky Energy Inc. are up by about five per cent after an RBC Dominion Securities analyst suggested its low share price makes this a good time for the company to be taken private.The stock jumped by as much as 47 cents to $9.24 on Monday morning, still well off its 52-week high of $22.98 set last Sept. 27.In a report over the weekend, analyst Greg Pardy suggests that Husky’s near-15-year-low share prices make privatization attractive for the entities controlled by Hong Kong billionaire Li Ka-Shing which own 69.5 per cent of the equity.He says going private would allow Husky to capture much of the gap between its market value and base net asset value of $19.53 per share.The report says Husky doesn’t get enough credit for assets including its Liwan natural gas field in the South China Sea, its Canadian East Coast production, its thermal heavy oil projects in Saskatchewan and its U.S. refineries.In an email, Husky spokeswoman Kim Guttormson declined to address the report, noting the company doesn’t comment on speculation. Companies in this article: (TSX:HSE)The Canadian Press read more