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The company started when Otara Gunewardene began selling factory surplus garments and apparel from her car boot to family and friends in 1989. [5] [6] [7]Gunewardene registered Odel (the name is based on her own name, Otara Del Gunawardene [5]) as a private limited liability company on 31 October 1990 [7] [8] and the company opened its first 37 m 2 (400 sq ft) store on Dickmans Road in Colombo.
Dipped Products PLC is a rubber glove manufacturer in Sri Lanka. The company also manages rubber and tea plantations. [2] The company was incorporated in 1976 and listed on the Colombo Stock Exchange in 1983. The company is one of the components of the S&P Sri Lanka 20 Index. [3]
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, [32] followed by the buying over of the five-star Ceylon Continental Hotel in Colombo, Sri Lanka (now known as The Kingsbury) in 2010.
Spray foam insulation or spray polyurethane foam (SPF) is an alternative to traditional building insulation such as fiberglass. A two-component mixture composed of isocyanate and polyol resin comes together at the tip of a gun, and forms an expanding foam that is sprayed onto roof tiles, concrete slabs, into wall cavities, or through holes ...
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 ]
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. Initially, the company was a part of Imperial Chemical Industries and prior to 2011, was known as Chemical Industries (Colombo ...
On 16 September 2021, Lankem Ceylon submitted an application to the Securities and Exchange Commission of Sri Lanka with an offer price of LKR12.00 per share. [12] Lankem Ceylon was able to increase its stake in ACME Printing & Packaging to 88.27 per cent thus becoming the controlling shareholder of the company.
The company was founded in 1878. E. B. Creasy acquired Darley Butler & Company, another one of the oldest companies in Sri Lanka in 1967. The company went public in 1968 and was listed on the Colombo Stock Exchange. E. B. Creasy & Company is one of the largest conglomerates in Sri Lanka with a brand value of LKR1,538 million in