Networks' broadband dialogue Limited (DBN), a wholly owned subsidiary of Sri Lanka leading mobile service provider Dialog Axiata PLC yesterday entered into an Agreement for Purchase of Shares (SPA) to acquire 100 percent of the shares of the fixed-line wireless Suntel Ltd of its current shareholders.

The final implementation of the acquisition will satisfy the conditions precedent to the operation defined in the SPA.

The successful consummation of the transaction during the course of the coming months is expected to bring to the merger of operations and Suntel DBN and the creation of a new entity, providing advanced line and fixed broadband services to Sri Lanka to consumers.

Suntel began operating in 1996 and currently is a subsidiary of Swedish telecom operator Telecom AB abroad. Other shareholders include Suntel NDB (National Development Bank PLC), C-Tech Investments (Private) Ltd, Kelmarsh Investments Ltd., Townsend Limited and International Finance Corporation (IFC). "The telecommunications sector in Sri Lanka after 15 years of solid growth is requesting the consolidation," said Jeremy Huxtable, Managing Director of Suntel. "Suntel is committed to providing a superior service to our loyal customer base, and today we are at a point in our evolution where investments optimistic and forward thinking are needed to increase our broadband infrastructure to best in class standards . "

"I think the industry consolidation that crystallizes the economies of scale and brings together the shared effort and investment capacity of the leading players in the industry is an optimal strategy to provide value to consumers and industry in general in the future. The agreement came into our DBN shareholders paves the way for a renewed investment in Sri Lanka fixed telecommunications and broadband sector which I think will be beneficial to all concerned. "Suntel fixed telecommunications infrastructure is based on a 382-base station network to deliver strong fixed voice, broadband and data communications services using CDMA, WiMAX and other fixed wireless technologies.

The share purchase agreement signed between DBN and the shareholders of Suntel provides that the transaction is completed in an EV (Enterprise Value) in the range of U.S. U.S. $ 33.9 m $ 34.9 m, which corresponds to a valuation multiple of 3.0 x 3.1 x EBITDA for FY10, depending on the outcome of the confirmation business valuation and due diligence during the period prior to the completion of the transaction . President of the broadband networks of dialogue and CEO of Group PLC dialogue Dr. Hans Wijayasuriya Axiata Commenting on the transaction, he said, "We are privileged to have had the opportunity to combine with Suntel through this initiative beachhead industry consolidation. In the future, the combined forces of DBN and Suntel is synergised towards establishing a better platform for the kind of infrastructure to supply high quality telecommunications and fixed broadband services, which are expansive in its availability, and inclusive in terms of accessibility to the citizens of Sri Lanka. "

The negative publicity has caused the public to lose confidence in the Colombo Stock Exchange. We, the Colombo Brokers Association (CSBA) want to state categorically that we are unequivocally committed to the development of capital markets, while appreciating a balanced approach to market regulation.

In this regard, we very much welcome a consultative approach through which could be a majority consensus obtained before the introduction of new regulations for the market, the association said.

In the recent past, the CSBA has seriously sought some changes in policies for development strategies in the equities market and stay in line with the overall macroeconomic objectives set by the government in the post war in Sri Lanka.

Towards achieving this goal, we went through a series of meetings that began with the Management Board and SSC, the Securities and Exchange Commission (SEC) and finally with the President, Mahinda Rajapaksa, who gave the CSBA's opportunity to place their proposals for consideration. All 28 registered shares of brokerage firms were invited CSE individually to attend the meeting with the President, and attended 22 of them.

We would point out that the granting of credit is a basic need in any industry and all brokerage firms in almost all countries offer margin trading facilities directly or through related companies. Our proposals were presented as an action plan to boost the participation of investors and restore confidence in the Colombo Stock Exchange. The Association would like to reiterate that we fully support the regulations and the measures taken against the wicked, and would shortly adopt a code of ethics to ensure that all members follow the rules and regulations in line with best international practices, the association said .

The CSBA has been in existence since 1995 and our members have played an active role in the Colombo Stock Exchange (CSE) and have always acted in the best interest of market development File Sri Lanka. (SJ)

LONDON, Dec 13 (Reuters) - Understanding the growing scientific workings of the brain in the future may change the way criminals are viewed by the law, but British experts advise extreme caution for the moment on the use of lie detector tests, brain scans and genetic data in the courts.

In a report released Tuesday by the national authorities in the UK, Science Academy, the Royal Society, scientists and lawyers looked at the scope of neuroscientific evidence to "read minds" in an attempt to find the truth or to explain why a person acted in a particularly violent or sadistic manner.

He claims that murderers can be identified by imaging studies of their brains before committing the crime, or that a gene for psychopathy or violent behavior, are "completely far from reality," they said.

But they do suggest that neuroimaging and genetics of behavior, along with existing techniques in the future can be used as part of risk assessments to determine how long someone sentence to serve, or if an inmate should receive parole.

"No question in neuroscience provides some startling revelations about human behavior, but we can not get ahead of us," said Nicholas Mackintosh, professor of experimental psychology at Cambridge University in Britain, who chaired a panel of the Royal Society for on the subject.

"Understanding how the brain gives us an idea of ​​the mental processes underlying human behavior, and how the law relates primarily to regulate people's behavior makes sense that they can influence others at some point in the future . "

At a briefing on the report, Mackintosh said a growing number of defense lawyers in the United States and other countries were beginning to use neuroscientific evidence in criminal cases, particularly in cases of murder and other violent crimes .

BRAIN psychopath

Roger Brownsword Law School King's College London, who worked on the report, said that the admissibility of such evidence should be properly analyzed and lawyers, judges and experts that should explain in detail their strengths and weaknesses.

"It is clear that some neuroscientific evidence could be very disruptive in court," he told the press conference. "The jury could easily be influenced by this. ... So the threshold of admissibility has to be pretty high."

British scientists published a study in 2009 found that psychopaths who had committed serious crimes such as murder and rape had faulty connections in the brain that appear in the functional magnetic resonance imaging (fMRI) scans.

"To the extent that neuroimaging data suggest that differences in the brains of psychopaths ....( we ask) that brain imaging may be useful?" Said Mackintosh. "The answer is that we have no idea because it has not done the research, but is at least something worth thinking about."

However, he stressed that "having a psychopathic brain is not a general defense against any criminal charge, and that's because it has absolutely force you to behave in a criminal ... simply increases the probability."

Functional neuroimaging experiments with students have also shown differences in brain activity when they are told the truth and when they lie, Mackintosh panel said in its report.

However, experts warned that the use of functional magnetic resonance imaging in defense of suspects in serious crimes, or to detect lies between the defendants or witnesses, is fraught with difficulties - including the fact that people can quite easily be taught to beat the lie detectors.

More than 500,000 candidates are sitting the GCE Ordinary Level examination which began in 3920 centers yesterday. The first document was religion.

According to Examinations Department sources, 385,000 and 146,000 private school candidates sitting the examination candidates this year. Department officials said they have issued guidelines and instructions for the test center is aimed at preventing irregularities.

Meanwhile, 62 former leaders of the LTTE, rehabilitated by the government, submitted for consideration at the Central University of Tamil in Vavuniya yesterday.

Meanwhile, the Ministry of Rehabilitation Secretary Dissanayake told the Daily News that 77 students in rehabilitation centers and more than 20 people in prison Welikada sit O / L examination this year.

The review ends on December 21

Before killing himself, U.S. Bart Heller Indiana man killed two innocent people. To ensure that the authorities find the bodies, Bart Heller posted on his Facebook account the following message: "Somebody call 911. There are three bodies at the following address, 3229 Lima Road Fort Wayne Indiana. I killed Ryann, Erin and me. people were warned not to play and **** me ruin me. listen.sorry not on their fate. "(scroll down to Bart Heller suicide, the death message posted on Facebook)

The terrible message was seen by a friend to man, on Facebook, who alerted the police. Security forces arrived in 20 minutes in the direction indicated in the message, but unfortunately no one was saved.

The victims were Bart's ex-girlfriend and a fellow of the girl who happened to be in your home.

The social network Facebook subsequently deleted the message sent by Bart.

At least two people were killed and 47 injured (including a child), on Tuesday in the center of Liege (Belgium southeast), when four men allegedly fired shots and threw explosive devices and grenades, announces the Belgian media.

An initial assessment revealed a dead, suspect that a person who threw the grenade, and ten wounded. However, the number of injured victims raised. Liege police confirmed the incident.

Clutter is chaotic and there are conflicting reports about the exact number of attackers.

According to preliminary information provided by witnesses, a man about 40 years, would have thrown a grenade into the courthouse. Some other explosive attack after being thrown into a bus stop at the Place Saint-Lambert. Many people found that there were four explosions.

Shots were also heard when a guy seems to handle a Kalashnikov gun fired on a bus.

The news agencies of Belgium stated that the attacks took place in the Place Saint-Lambert, the main square of Liege, where the courthouse, near a busy Christmas market.

It was reported that police arrested a second attacker, while a third is still battling security forces. The fourth gunman allegedly escaped from the place of attack.

Move house and he was one of the basic needs of man living in a strange and beautiful views of the houses that we have a wonderful lunch for everyone to see.