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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 ...
LMD 100 ranks listed companies in Sri Lanka by revenue annually. [10] Amari Wijewardene is the company's chairperson and a member of the Wijewardene family . Wijewardene's appointment as the Sri Lankan High Commissioner to the United Kingdom in 2016 by her cousin, then prime minister Ranil Wickremesinghe was criticised as nepotism. [ 11 ]
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.
Ceylon Steel Corporation Ltd; Colombo Commercial (Teas) Ltd ... People 's Travels (Pvt) Ltd ... Sri Lanka Tobacco Industries Corporation (Tobacco Industries Ltd) ...
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. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
In 2023, Welspun Corp's subsidiary, Welspun DI Pipes, was awarded the Kitemark certificate by BSI UK for the size range of 100 to 1,000 DN against EN 545 and ISO 2531 standards. [7] In March 2023, the company acquired Sintex, a water tank manufacturer, for Rs 1251 crores, as part of its strategy to expand its building materials portfolio. [8]
Alex Jones’ control of Infowars has lived on another day, although the long-term future of the site, known for peddling conspiracy theories, has been thrown into doubt after a bankruptcy judge ...
'Pipe Metallurgical Co., OJSC') (MCX: TRMK) is a leading global manufacturer and supplier of steel pipes, tubular solutions and related services for the oil and gas industry, and specialty tubular products and pipeline systems for the nuclear, chemical, mechanical engineering and construction industries.