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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.
Renuka Holdings PLC, also called Renuka Group, is a conglomerate company in Sri Lanka.Ceylonese businessman Alfred Thambiyah laid the foundations of the Renuka Group by acquiring the Crago Boat Dispatch Company in 1936 and establishing Renuka Hotel, named after his youngest daughter Indu Renuka in 1969.
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.
The following table shows the annual development of the ASPI since 1993. [1] Year Closing level Change in points Change in % ... 2023 10,654.16 2,151.67 25.31
LOLC Finance is one of the 100 most valuable brands in Sri Lanka. Brand Finance has estimated the brand value of LOLC Finance to be LKR7,031 million and ranked the company 20th in its 2022 annual rankings. [11] LOLC Finance was included in the S&P Sri Lanka 20 Index at the 2021 yearend index rebalance. [12]
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 ...
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.