Singer Finance to Raise Rs. 2Bn via Listed Debenture
Singer Finance PLC plans to raise Rs. 2 billion via the issuance of Listed, Rated, Unsecured, Subordinated Redeemable Five Year debentures of Rs. 100 each.
Fitch Rates Singer Finance’s Sub-Debt Final ‘A-(lka)’
Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL, A+(lka)/Stable) Sri Lanka rupee-denominated subordinated unsecured debentures a final national long-term rating of ‘A-(lka)’.
Haycarb’s Turnover at Rs. 25.4Bn, Profit Before Tax Rs. 4.49Bn for 2020/21
Sri Lankan multinational Haycarb PLC reported revenue of Rs.25.4 billion, profit before tax of Rs. 4.49 billion and profit after tax of Rs. 3.56 billion for the financial year 2020/21, the company announced this week.
Haycarb posts record turnover of Rs. 25.4 b, profit before tax of Rs. 4.49 b in FY21
The Sri Lankan multinational Haycarb PLC has reported revenue of Rs. 25.4 billion, profit before tax of Rs. 4.49 billion and profit after tax of Rs. 3.56 billion for the financial year 2020/21. The earnings per share of equity holders of the company was Rs. 10.25 for the year.
Bangladesh’s HR Lines to launch Colombo-Chattogram feeder service with Hayleys’ Clarion Shipping
Bangladesh’s container ship operator HR Lines Ltd. will be launching the Colombo-Chattogram feeder service on 4 April, in partnership with Clarion Shipping Ltd., a subsidiary of Hayleys Advantis Ltd.
Singer wins People’s Brand of the Year award
Singer Sri Lanka PLC clinched prominent awards at SLIM People’s awards2021, reiterating its dominance in the consumer durables sphere. Singer was crowned SLIM People’s Brand of the Year 2021 award for 15th consecutive timet.
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.
