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ICRA Lanka revised its credit rating of Janashakthi Limited, the parent of Janashakthi Insurance to [SL]BB+ in 2022. The credit outlook was adjudged as negative. Janashakthi Limited holds 74% of the ownership of Janashakthi Insurance. Janashakthi Insurance is the seventh largest life insurance company in the country with 4% of the market share ...
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
Union Assurance PLC is an insurance company in Sri Lanka. Union Assurance was founded in 1987 and was listed on the Colombo Stock Exchange in the following year. In 2009, John Keells Holdings acquired a controlling stake in the company. The company divested its general insurance business to Fairfirst Insurance and
LKR33,754 million (2023) Operating income. LKR2,967 million (2023) Net income. ... an annual list of quoted companies by revenue in the financial year 2019–20. [3]
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.
CIC Holdings PLC is a Sri Lankan conglomerate holding company engaged in merchandising and manufacturing chemical products.The company was incorporated in 1964 and listed on the Colombo Stock Exchange in the same year.
Shareholders will receive $24.25 in cash for each share, a roughly 42% premium of the stock based on the price on March 18, 2024 when speculation about Nordstrom being taken private began. The ...
Sri Lanka Insurance Corporation is a composite insurer with life and non-life insurance portfolios and over US$500 million in assets and assets under management. In June 2009, the Supreme Court of Sri Lanka determined that the privatization of Sri Lanka Insurance was flawed, annulled the privatization and ordered that its current owners return ...