Copreus

CORPORATE STATEMENT – FALSE & DEFAMATORY YOUTUBE VIDEO [UPDATE]

We wish to inform our valued stakeholders that, as a final measure to address the false and defamatory campaign launched against our company by certain unscrupulous elements, Copreus (Pvt) Ltd, has, under legal advice, taken legal action. Copreus instituted action in the Colombo District Court against the owners of the controversial amateur news channel “Life Traveler” and after considering our case, the Court has issued an Enjoining Order against W.D. Dananjaya Naranbadda and R.A.M.P. Rathnayake, the owners and operators of ‘Life Traveller’, who published certain defamatory videos making false and malicious allegations regarding connections between Copreus Pvt Ltd and remanded businesswoman Thilini Priyamali and the Thico Group Ltd., as well as in relation to our business operations and activities. We are contemplating further legal action against other shadow Youtube Channels and social media pages who continue to publish similar statements. We will continue to actively pursue both criminal and civil proceedings against the aforementioned individuals for their wrongful activities against Copreus (Pvt) Ltd and its affiliated entities.

Please refer to the following e-news publications for further information:

English

Daily FT - https://www.ft.lk/front-page/Leading-international-company-granted-legal-relief-in-Sri-Lanka-in-online-defamation-dispute/44-741516

Daily Mirror - https://www.dailymirror.lk/breaking_news/Publishing-defamatory-videos-linking-to-Thilini-Priyamali-Copreus-gets-Enjoining-Order-against-YouTube-channels/108-247811

Daily News - http://www.dailynews.lk/2022/11/02/law-order/290372/copreus-obtains-enjoining-order-against-owners-%E2%80%98life-traveller%E2%80%99
Mawrata News - https://mawratanews.lk/news/publishing-defamatory-videos-linking-to-thilini-priyamali-copreus-gets-enjoining-order-against-youtube-channels/

Sinhala

Lankadeepa - https://www.lankadeepa.lk/news/%E0%B6%BA%E0%B7%96-%E0%B6%A7%E0%B7%92%E0%B6%BA%E0%B7%94%E0%B6%B6%E0%B7%8A-%E0%B6%B1%E0%B7%8F%E0%B6%BD%E0%B7%92%E0%B6%9A%E0%B7%8F%E0%B7%80%E0%B6%9A%E0%B6%A7-%E0%B7%84%E0%B7%8F-%E0%B7%86%E0%B7%9A%E0%B7%83%E0%B7%8A%E0%B6%B6%E0%B7%94%E0%B6%9A%E0%B7%8A-%E0%B6%B4%E0%B7%92%E0%B6%A7%E0%B7%94%E0%B7%80%E0%B6%9A%E0%B6%A7-%E0%B7%80%E0%B7%8F%E0%B6%BB%E0%B6%AB%E0%B6%BA%E0%B6%9A%E0%B7%8A/101-622605

Tamil

Thinakaran -https://www.thinakaran.lk/sites/default/files/news/2022/11/01/Thinakaran-e-Paper-02-11-2022.pdf

We would also like to take the opportunity to reassure all our stakeholders that Copreus (Pvt) Ltd and its affiliated entities, as leading international BPO service providers for well-known global CFD trading platforms www.finq.com and www.gulfbrokers.com, operate in full compliance with all Sri Lankan laws and regulations and international best practices.

May this day bring you nothing but love, happiness, harmony, and enjoyment. Eid Mubarak!

AMSTERDAM (Reuters) - Dutch airline KLM has paid back the last part of loans granted by the Dutch government during the COVID-19 pandemic, it said on Thursday.

The Dutch arm of airline group Air France-KLM said it had paid back 277 million euros ($289.2 million) after earlier repayments totaling 665 million euros.

The airline had been given 942 million euros in loans by the Dutch state in 2020 as the pandemic crippled international travel.

($1 = 0.9577 euros)

Airline KLM repays last of Dutch government loans By Reuters Airline KLM repays last of Dutch government loans

May Lord Buddha enlighten you on the path of Love, Peace and Truth. Happy Vesak Day!

In June, inflation has started advancing at its fastest pace in nearly 13 years as used vehicle costs and
price in food and energy surge, according to the Labor Department.
The consumer price index jumped 5.4% from a year earlier, marking the largest jump since August 2008,
Economists surveyed by Dow Jones had been forecasting a 5% gain, as reported by CNBC.
“What this really shows is inflation pressures remain more acute than appreciated and are going to be
with us for a longer period. We are seeing areas where there’s going to be ongoing inflation pressure
even after we get past some of those acute price hikes in a handful of sectors,” stated Sarah House,
senior economist for Wells Fargo’s corporate and investment bank.

Inflation rises beyond the expected in June | COPREUS In June, inflation has started advancing at its fastest pace in nearly 13 years as used vehicle costs andprice in food and energy surge, according to the Labor Department.The consumer price index jumped 5.4% from a year earlier, marking the largest jump since August 2008,Economists surveyed by Dow J...