Singer (Sri Lanka) PLC. being a trusted brand for local consumers with its diversified product portfolio was able to bag the People’s Brand of the Year 2021 for the 15th consecutive year at the recently concluded SLIM Brand Excellence Awards 2021. The Sri Lanka Institute of Marketing (SLIM) and Nielsen Sri Lanka – one of…
Mahesh Deepal finished with impressive figures of 05 wickets for 20 runs in 05 overs, as he steered Hayleys Group ‘B’ to their fourth successive win, beating Aitken Spence by 09 wickets in the ongoing 10th Stafford Motor Co. sponsored ‘Honda’ Trophy – MCA ‘G’ division 25 Over League Tournament 2021, continued last weekend (27-28…
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. The operation will commence with two of the newest container vessels to be added to the fleet of HR Lines, MV HR Hera and MV HR…
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. Forging its way to another achievement, Singer clinched the coveted SLIM People’s Durables Brand of the Year 2021 award, reaffirming its…
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…
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. Litro Gas Lanka Ltd. and Singer Sri Lanka PLC…
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.
Singer Finance (Lanka) PLC has announced plans to raise Rs. 2 billion via listed debenture issue. Its Board has resolved to issue up to 20 million listed, rated, unsecured, subordinated, redeemable debentures of Rs. 100 each. The move is subject to regulatory approval. Source
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…
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. Read the full article here.