Somerset Estate Betters Its Own All-time Record
Somerset Estate, Talawakelle previously achieved an all-time record price of Rs. 890 on a BOPSp grade in the Western High Grown category at the auction concluded on 24 February. Exactly a month after and almost at the end of the Dimbulla Quality Season, the Estate has bettered its own record at Sale No. 12 held on 24 March by obtaining a premium price of Rs. 980 for the BOPSp grade.
Litro Gas Lanka signs MOU with Singer Sri Lanka to continue 10-year strategic partnership
For over 10 years, Litro Gas Lanka and Singer Sri Lanka PLC have been in a close partnership that enhanced customer reach and optimised customer access across product portfolios. The two companies recently renewed their strategic partnership as they signed an MOU to extend its scope.
Fitch Rates Singer Finance’s Sub-Debt ‘A-(lka)(EXP)’
Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL, A+(lka)/Stable) proposed Sri Lanka rupee-denominated subordinated unsecured debentures an expected national long-term rating of ‘A-(lka)(EXP)’.
Singer Finance Goes for Rs. 2 b Debenture Issue
Singer Finance (Lanka) PLC has announced plans to raise Rs. 2 billion via listed debenture issue.
DPL Lends a Hand to Children in Monaragala Rubber Farming Communities
As part of its ongoing efforts to empower and uplift the livelihood of its farmer co-operative societies, Dipped Products PLC (DPL) distributed school bags to the children of 1,500 smallholder rubber farmers for the 10th consecutive year, under its flagship Firstlight CSR project.
Pedro Estate Sets An All-Time Record Price
Pedro Estate situated in Nuwara Eliya has established an all-time record price at this week’s tea auction held on 10 March by securing an attractive price of Rs. 1,450 for a BOP grade selling under the ‘Lovers Leap’ mark. This line of tea was purchased by Mabroc Teas Ltd.
DPL Enhances Its Rubber Supply Chain
Continuing to strengthen the farmer co-operative societies in its loyalty network, Dipped Products PLC (DPL) distributed rubber plants to smallholder farmers in the Monaragala District under its flagship sustainability initiative: DPL Firstlight.
De Silva joins Singer Finance Board
Top professional Ranil De Silva has been appointed to the Singer Finance PLC Board as an Independent Non-Executive Director with effect from 9 March.
Shamalie Gunawardana Appointed to Haycarb Board
Top professional Shamalie Gunawardana has been appointed as an independent Non-Executive Director at Haycarb PLC.
Advantis Projects & Engineering Opts for Tata Signa 4018.S Prime Movers from DIMO
DIMO, one of Sri Lanka’s leading conglomerates and the authorised distributor for Tata Motors Ltd. in Sri Lanka, delivered 7 units of Tata Signa 4018.S Prime Movers to Advantis Projects & Engineering Ltd., Sedawatte recently.
