Singer Finance

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)’. The proposed debentures are to total up to LKR2 billion with a maturity of five years and will carry fixed and floating rate coupons. Read the full article.

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. This year’s distribution recorded the largest donation of school bags, which was…

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. The plants for the inaugural distribution were sourced from a new nursery established by DPL. Setting in motion plans to continue the initiative…

Shamalie Gunawardana Appointed to Haycarb Board

Top professional Shamalie Gunawardana has been appointed as an independent Non-Executive Director at Haycarb PLC. L.L.M. (UK) Attorney-at-Law Gunawardana, is currently a joint Managing Partner of Capital City Law-Colombo, a Consultant Senior Legal Advisor to CHEC Port City (Colombo) Ltd., Board Member DFCC Bank PLC and Group Legal Consultant International Distillers Ltd. She is also…