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Kelsey Developments appoints 2 directors

Sri Lankan homebuilder Kelsey Developments PLC appointed Prakash Schaffter and Ramesh Schaffter nonindependent nonexecutive directors, effective Dec. 21.

Prakash is the chairman of Janashakthi Insurance PLC's board and is a member of the boards of Janashakthi PLC and Orient Finance PLC.

Ramesh is CEO of Janashakthi PLC and is also a board member of Orient Finance.