Six Senses plans public share issue

THAILAND-based Six Senses Resorts & Spas is planning to float a holding company in Colombo to handle all its resorts and spas in South Asia, according to its founder and CEO, Sonu Shivdasani.

In an interview with TTG Asia e-Daily last Friday, Sonu, who spends five months of the year in the Maldives, said the group was planning to launch a public share issue in Colombo in the summer (June to August).

“It makes sense for me to locate this holding company in Colombo because of its close proximity to the Maldives,” he said.

Six Senses’ four properties in the Maldives, Sri Lanka and India will be brought under the Colombo-based holding company once it has been established.

The company has spas at two hotels in Sri Lanka and is setting up – as a joint venture with Sri Lanka’s Aitken Spence Group – a resort with 54 villas in southern Bentota and 15 tents on an island along the Madu Ganga river.

Six Senses is also contemplating a health resort either in Sri Lanka’s central hills or Niligiri mountain in South India.

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