Hayleys Fabric Plc yesterday acquired the control of South Asia Textiles Ltd. (SAT) for Rs. 4 billion as part of expanding its business. Hayleys bought 98.84% stake of SAT comprising 97.68% from Ambeon Holdings Plc and 1.16% from a minority shareholder. “This acquisition supports Hayleys Fabric Plc’s strategic plan to expand capacity for higher value-added…
Hayleys Group’s Dipped Products PLC (DPL) and Haycarb PLC are well-positioned to benefit most from a potential COVID-19 third wave globally, which could ramp up the demand for personal protective equipment (PPE), according to a research report by an equity brokerage. Despite the global vaccine drive, there has been a spike in COVID–19 cases globally,…
Hayleys Agriculture Holdings Ltd. constantly engages with all stakeholders of agriculture and shares their unparalleled knowledge and experience about best global practices to ensure food security, productivity, and to improve quality standards of agricultural produce. The Farmer Extension Services of Hayleys Agriculture connects with over 300,000 farmers regularly, not only to demonstrate their Agri inputs,…
A fine all-round performance by Chathuranga de Silva guided Hayleys Group to a five-wicket win over Hatton National Bank (HNB) in their MCA Premier League cricket fixture played at the MCA Grounds yesterday. Chief scores At MCA Grounds (Hayleys Group won by five wickets) HNB: 137 in 32 overs (Dilshan Munaweera 32, Prabath Jayasuriya 4/25,…
During the Islamic holy month of Ramadan, Muslims fast every day from sunrise to sunset. Fasting is one of the five pillars of the Islamic faith and Ramadan is a time of spiritual discipline, increased charity, generosity, and fellowship. To break the fast, a meal known as Ifthar (literally, breaking of the fast) is consumed.…
Hayleys Solar has been contracted to provide power and energy for projects of World Vision Lanka, a Christian, relief, development, and advocacy organisation dedicated to working with children, families, and communities to overcome poverty and injustice. Subsequent to the supply, installation, and successful commissioning of the World Vision Head Office at Colombo 9 for a…
The koha (koel bird) has begun heralding the arrival of Avurudu season, marking the astrological transition of the sun from the zodiacal position of Mina (Pisces) to Mesha (Aries), signifying the end of the old year and the start of a new one. What is Avurudu without rasakavili (sweetmeats), without the traditional spread that makes…
Fentons Ltd. partnered with Maga Engineering on the supply and installation of fire detection and protection systems, total lighting solutions, and two-way communications systems on the exemplary new Manning Market Complex Peliyagoda. The new Manning Market consists of 1,192 shops, a parking lot for 600 cars, workers’ bathrooms, healthcare facilities, banks, restaurants, cold rooms, hotels,…
Forging its way to remarkable achievements, Singer Sri Lanka PLC, the country’s premier consumer durables retailer has clinched two awards at Dell Partner Business Conference FY22 – Asia Emerging Markets awards. The retail giant was crowned as the Best Performer in both Commercial and Consumer segments in the Distributor category, reiterating its resurgence as the…
The Kingsbury Colombo, known as one of the city’s most indulgent dining destinations, unveils its newest culinary venture, the ‘Tenku’ Japanese restaurant, today, 6 April, at the Hotel’s rooftop. With internationally experienced Japanese Master Chef Toshiyuki Okabe at the helm, the restaurant promises a wide range of authentic dishes and beverages not currently available in…