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CIC Holdings acquired 70% of stake of Unipower (Pvt) Ltd in 2017 for LKR238 million. [8] The company won the award for the most innovative research in the non-plantation agriculture sector in 2018. The award is conferred by the Sri Lanka Council for Agricultural Research Policy, the apex body of agriculture research in Sri Lanka.
Unilever Sri Lanka was established in 1938 as Lever Brother Ceylon Limited. In 1972, it was renamed Unilever Sri Lanka. The company has been ranked as Most Valuable and Strongest Brand [5] and Most Respected Entity. [6] The company has over two dozen brands that are market leaders in Sri Lanka since the 1940s.
Lankem Ceylon PLC is a chemicals, paints and consumer goods manufacturing company in Sri Lanka. The company also engaged in the hospitality industry by owning and operating resorts in Sri Lanka. The company is incorporated in 1964 by Royal Dutch Shell and listed on the Colombo Stock Exchange in 1970.
Magnesium hydroxide is an inorganic compound with the chemical formula Mg(OH) 2. It occurs in nature as the mineral brucite. It is a white solid with low solubility in water (K sp = 5.61 × 10 −12). [5] Magnesium hydroxide is a common component of antacids, such as milk of magnesia.
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
Dipped Products is one of the five leading non-medical rubber glove manufacturers in the world.The company's market share of the global market accounts for 5%. [6] Upon declaration of the COVID-19 pandemic, the World Health Organization requested to increase the production of personal protective equipment (PPE) by 40% from the industry and the governments.
Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.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.
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 ]