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In 2009 the company was acquired by the UAE-based Onyx Group which is owned by the Sri Lankan businessperson Sri Lanka Investment Corporation and re-branded as "Ceylon Steel" Corporation Limited. [5] [6] On 2020 Lanwa Sanstha announced they plan to build massive cement corporation under the name of Lanwa Sanstha Cement Corporation. The company ...
E. B. Creasy was ranked 71st in the LMD 100 2019/20 edition, an annual list of quoted companies in Sri Lanka by revenue. [7] E. B. Creasy acquired the whole stake of Tata Steel's Lanka Special Steels Ltd for LKR433 million in 2015. [8] The company announced a 1-for-100 stock split in January 2021. [9] E. B.
Airport and Aviation Services (Sri Lanka) Limited; The Associated Newspapers of Ceylon Ltd; B.C.C. Lanka Ltd; B.O.C. Bank; CTB BUS; Lynx BUS; Building Materials Corporation Ltd
Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
CIC Holdings acquired 70% of stake of Unipower (Pvt) Ltd in 2017 for LKR238 million. [8] The company won the award for the most innovative research in the non-plantation agriculture sector in 2018. The award is conferred by the Sri Lanka Council for Agricultural Research Policy, the apex body of agriculture research in Sri Lanka.
The single largest investment in the 140-plus year history of Hayleys (and the largest acquisition of a public listed company at the time) was the 10.8 billion rupee controlling stake of Singer Sri Lanka in 2017, [31] followed by the buying over of the five-star Ceylon Continental Hotel in Colombo, Sri Lanka (now known as The Kingsbury) in 2010.
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Tokyo Cement Company (Lanka) PLC is a Sri Lankan cement manufacturing company headquartered in Colombo. The company is engaged in manufacturing Portland cement, Pozzolana cement, tile adhesives and other cement products. [2] Sri Lankan entrepreneur, A. Y. S. Gnanam founded the company in 1982. [3]