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[10] [11] [12] Softlogic became one of the first confirmed tenants of the mall in July 2017, with Odel slated to open a multi-level department store with a floor space of 5,058.9 square metres (54,454 sq ft). [10] [13] [12] Keells Super will also operate a gourmet supermarket within the Mall. [12]
[3] [5] Softlogic went through a period of aggressive growth between 2006 and 2009 where they entered the retail sector with the acquisition of Uni Walkers (Pvt) Ltd. Softlogic which had begun to diversify entering retail and lifestyle sectors opened furniture stores and showrooms islandwide. Softlogic became the authorised dealer for Panasonic ...
Drywall (also called plasterboard, dry lining, [1] wallboard, sheet rock, gib board, gypsum board, buster board, turtles board, slap board, custard board, gypsum panel and gyprock) is a panel made of calcium sulfate dihydrate , with or without additives, typically extruded between thick sheets of facer and backer paper, used in the construction ...
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.
The development of plasterboard (a sandwich of gypsum plaster between two sheets of paper) dates back to the late nineteenth century in the US. The first patent was granted in 1894 but it was not until an American, Frank Culver, persuaded his new employer, Thomas McGhie and Sons, to buy a plasterboard plant from the US that this new product was introduced to Britain.
Softlogic Life Insurance was added to the S&P Sri Lanka 20 Index when an ad hoc index rebalancing occurred due to Commercial Leasing and Finance merging with LOLC Finance in March 2022. [11] Softlogic Life is one of the LMD 100 companies in Sri Lanka. The company was ranked 60th in the 2021/22 edition of the list.
In October 2000, the company became the first Sri Lankan furniture manufacturer to exploit the opportunity of setting up its first overseas store in India's Chennai mainly due to the Indo-Lanka Free Trade Agreement. [6] [7] Damro also cashed in the opportunity of tariff concessions due to the India-Sri Lanka Free Trade Agreement. It is also ...
Inland Revenue Department imposed an LKR1.5 billion tax bill on Asiri Surgical Hospital, a subsidiary of Asiri Hospitals in 2016. Inland Revenue Department alleged that Asiri Surgical failed its agreement with the Board of Investment of Sri Lanka by not maintaining one ward with at least 10 beds and an outpatient unit for non-paying patients. [13]