DOCSLIB.ORG

Harischandra Annual Report Inner Pages 3.Cdr

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Harischandra Annual Report Inner Pages 3.Cdr Our Vision To enhance our heritage brand status and serve the nation. Our Mission To provide the public with a variety of high quality foods and soaps. Notice of Meeting 4 Corporate Information 5 Chairman's Review 6 Managing Director's Report 7 Corporate Governance 11 Risk Management 16 Remuneration Committee Report 17 Audit Committee Report 18 Related Party Transactions Review Committee Report 20 Board of Directors 21 Annual Report of the Board of Directors - on the Affairs of the Company 22 Statement of Directors' Responsibility for - Financial Reporting 28 Independent Auditors' Report 29 Statement of Proit or Loss and Other - Comprehensive Income 33 Statement of Financial Position 35 Statement of Changes in Equity 36 Statement of Cash Flows 38 Notes to the Financial Statements 39 Statement of Value Added 75 Ten Years Statistical Summary 76 Investor Information 77 Form of Proxy 79 - 03 - NOTICE OF MEETING Notice is hereby given that the 68th Annual General Meeting of Harischandra Mills PLC, will be held at the registered ofice of the Company, No. 11, C.A. Harischandra Mawatha, Matara on 14 November 2020 at 11.00 a.m. for the following purposes. 1. To receive and consider the Report of the Directors and Audited Statement of Accounts for the year ended 31 March, 2020 along with the report of the Auditors thereon. 2. To declare a inal dividend of Rupees Thirty (Rs.30/-) per share for the inancial year ended 31 March 2020 as recommended by the Directors. 3. To re-elect Mr. S.A.S. Jayasundara as a Director, who retires in terms of Article 98 of the Articles of Association. 4. To re-appoint KPMG, Chartered Accountants, as Auditors of the Company until the next Annual General Meeting and to authorise the Directors to determine their remuneration. 5. To approve the donations and contributions made by the Directors during the year under review, and to authorise the Directors to determine contributions to charities for the ensuing year. By Order of the Board CORPORATE SERVICES (PRIVATE) LIMITED. th Secretaries 68 Dated, on this 09th Day of October 2020 Annual General Meeting Note 1. A member unable to attend the above meeting is entitled to appoint a proxy who need not be a member. 2. A form of Proxy is attached to the report. 3. The completed form of Proxy should be deposited at the Registered Ofice of the company at No. 11, C.A. Harischandra Mawatha, Matara, not less than 48 hours before the time ixed for the meeting. - 04 - CORPORATE INFORMATION Legal Form Subsidiary Company A public Company with limited liability incorporated in Sri Harischandra Mills (Distributors) Limited (wholly owned) Lanka, whose shares are listed in the Colombo Stock Exchange. incorporated in Sri Lanka. Company Registration Number Board of Directors PQ. 225 Bastiansz M.A. (Chairman) Date of Incorporation 9th January, 1953 Samarasinghe S.N. (Managing Director) Registered Ofice No. 11, C.A. Harischandra Mawatha, Matara. De Silva G.S.V. Secretaries De Silva M.P. (Mrs.) Corporate Services (Private) Limited, 216, De Saram Place, Bandaranayake T.K. Colombo 10. Jayasundara S.A.S. Auditors KPMG Samarasinghe R.K. (Mrs.) Chartered Accountants 32A, Sir Mohamed Macan Marker Mawatha, Executive Management Colombo 3. Gajanayake C.T. (Chief Financial Oficer) Internal Auditors Ernst & Young, Nanayakkara S.N.K. Chartered Accountants (Sales Manager) 201, De Saram Place, Colombo 10. Gamini Lokuralage D.S. (Commercial Manager) Legal Advisors F J & G De Saram Kodithuwakku A.P.R. Attorneys - at - Law (Human Resources Manager) 216, De Saram Place, Colombo 10. Ranasinghe N.P. (Production Engineer) Bankers Sampath Bank PLC Sanjeewa H.M.R.S. (Finance Manager) Commercial Bank of Ceylon PLC Hatton National Bank PLC NDB Bank PLC DFCC Bank PLC - 05 - CHAIRMAN'S REVIEW It is with great pleasure that I invite you to the 68th Annual General Meeting of Harischandra Mills PLC, and present to you the Annual Report of the Company for the year ended 31st March 2020. It would not be an exaggeration to say that the economy, which was beginning to show some signs of recovery at the turn of the year, suffered a disastrous blow with the tragic terrorist attacks of April 2019, leading to a climate of grave political and economic uncertainty. In this environment business activity was sluggish affecting both production and consumer demand. Revenue in the food and soap products increased by 7% and 8% respectively, whilst gross proit was up marginally by 3%. However proit after tax was down 14% over the previous year. The company has paid an interim dividend of Rs 20/- per share on 23rd August 2020. I am happy to announce that the Board of Directors has recommended the payment of a inal dividend of Rs 30/- per share. I think it would be remiss of me not to mention the fresh challenges and uncertainty that we would inevitably face as a result of the Covid 19 pandemic. At this stage we are not fully aware of the economic consequences of the pandemic and how these events may affect the company, but we are hopeful that we will have suitable procedures in place to deal with them as and when they arise. The company continued its tradition of making generous contributions to worthwhile community projects in the region which has beneitted many lives. On behalf of the Board of Directors I would like to thank the management and all members of the staff for their best efforts in contributing to the growth of the company. Maxwell A. Bastiansz Chairman 09 October 2020 - 06 - MANAGING DIRECTOR'S REPORT MACROECONOMIC ENVIRONMENT Soap sales increased by 8% during the year with 18% reduction of operating losses compared to previous year. The growth of Sri Lankan economy in 2019 slowed down to Being the only soap product which got SLS mark, we have 2.3% compared to 3.3% in 2018 mainly due to the Easter given special focus continuously for the soap manufacturing Sunday attacks. Business conidence has declined due to this process which yielded improved operating results. tragedy and this led subdued demand in the economy. Further, extreme weather conditions during 2019 adversely affect the Fuel and lubricant segment reported decline of sales by 13% agricultural sector. mainly due to the competition from two new illing stations in Matara. The Rupee, showed marginal appreciation of 0.6% during 2019. Earnings from exports grew by 0.4% and import CORPORATE SOCIAL RESPONSIBILITY expenditure declined by 10.3% compared to 2018. This resulted greater stability of exchange rate in 2019 despite the We renovated the Resident Mothers' Room in the University temporary pressure on the aftermath of the Easter Sunday Pediatric Unit of the Karapitiya Teaching hospital by attacks. introducing modern technology and architectural expertise regarding health care in order to provide the highest comfort Reduction in taxes at the end of 2019 by the newly elected to mothers. Further, Company donated heavy duty government resulted higher disposable income which commercial washing machine to Neonatal Intensive Care Unit positively affected the economy. However at the later part of of Karapitiya Hospital. the inancial year, the economy was shocked by the COVID 19 outbreak. Domestic virus containment measures has affected During the year, Company continuously focused its CSR the key economic sectors of the country. Especially, tourism, activities towards enhancing the education of southern exports, foreign remittances and Foreign Direct Investments. province. With this in view, Company donated Smart class room with all facilities to Thelijjawila Central College and fully OPERATIONAL REVIEW equipped Media Unit to Thalpawila Mihindu Model School. Further, Company renovated the English Activity Unit of MR/ Despite these challenges, Harischandra Mills PLC reported Kokmaduwa Primary College by providing computers, before tax proit of Rs. 242 million a slight drop of 2% from television and other facilities to create a better learning previous year and the sales decline of 1% to Rs. 3.65 billion. environment for them. Food products sales increased by 7% and proit declined by 6% due to the increase in material cost. Fluctuating performance of agricultural sector of the country mainly S.N. Samarasinghe affected the increased material cost. Managing Director 09 October 2020 - 07 - Donations for Karapitiya Hospital We can change the world by identifying the needs of others and The Mothers’ Room was renovated by increasing the space, simply meeting those needs. Thus, we continue investing in providing reclining chairs, televisions, cupboards, air our CSR projects to build a better future for the next conditioners and, other required facilities to make a generations by enhancing health care facilities. comfortable environment within the ward. We renovated the Resident Mothers’ Room in the University Since it was a necessary requirement for the Neonatal Pediatric Unit of the Karapitiya Teaching hospital by Intensive Care Unit of Karapitiya Hospital, the company introducing modern technology and architectural expertise donated a Heavy Duty Commercial washing machine in order regarding health care in order to provide the highest comfort to create healthier conditions for babies. to mothers. Smart Class Room Telijjawila Central College A smart classroom is a ramped-up mode of education which By aiming this concept we donated a smart class room with an spread the new technological experiences with the students interactive whiteboard and a multimedia projector to the other than traditional class rooms. Since we are in a students of MR/ Telijjawila Central College by opening a new technological era, future generations should be able to path to the next generation to step up with the new technology. compete with this. - 08 - Distribution of stationery to the children of staff members This is an annual event of the Company started by our founder Mr.
Load more

Recommended publications
  • Discourses of Ethno-Nationalism and Religious Fundamentalism
    DISCOURSES OF ETHNO-NATIONALISM AND RELIGIOUS FUNDAMENTALISM SRI LANKAN DISCOURSES OF ETHNO-NATIONALISM AND RELIGIOUS FUNDAMENTALISM By MYRA SIVALOGANATHAN, B.A. A Thesis Submitted to the School of Graduate Studies In Partial Fulfillment of the Requirements for the Degree Master of Arts McMaster University © Copyright by Myra Sivaloganathan, June 2017 M.A. Thesis – Myra Sivaloganathan; McMaster University – Religious Studies. McMaster University MASTER OF ARTS (2017) Hamilton, Ontario (Religious Studies) TITLE: Sri Lankan Discourses of Ethno-Nationalism and Religious Fundamentalism AUTHOR: Myra Sivaloganathan, B.A. (McGill University) SUPERVISOR: Dr. Mark Rowe NUMBER OF PAGES: v, 91 ii M.A. Thesis – Myra Sivaloganathan; McMaster University – Religious Studies. Abstract In this thesis, I argue that discourses of victimhood, victory, and xenophobia underpin both Sinhalese and Tamil nationalist and religious fundamentalist movements. Ethnic discourse has allowed citizens to affirm collective ideals in the face of disparate experiences, reclaim power and autonomy in contexts of fundamental instability, but has also deepened ethnic divides in the post-war era. In the first chapter, I argue that mutually exclusive narratives of victimhood lie at the root of ethnic solitudes, and provide barriers to mechanisms of transitional justice and memorialization. The second chapter includes an analysis of the politicization of mythic figures and events from the Rāmāyaṇa and Mahāvaṃsa in nationalist discourses of victory, supremacy, and legacy. Finally, in the third chapter, I explore the Liberation Tiger of Tamil Eelam’s (LTTE) rhetoric and symbolism, and contend that a xenophobic discourse of terrorism has been imposed and transferred from Tamil to Muslim minorities. Ultimately, these discourses prevent Sri Lankans from embracing a multi-ethnic and multi- religious nationality, and hinder efforts at transitional justice.
    [Show full text]
  • 1066 1562924295465.Pdf
    When it comes to our raring dare to do attitude, we are boundless... Expolanka experienced a journey this year in which the company made leaps and bounds in the industry. Most notably, the freight arm of the conglomerate performed admirably in the year under review as we not only expanded our geographical presence through 4PL services but also through product diversification and explored new avenues in digitalisation. With so many novel ventures highlighted during the past year, we felt it apt to look ahead and take stock of our options; a vast horizon that lies ahead. From the depths of our solid foundation to the seemingly impossible heights of opportunity, we are limitless.. CONTENTS About this Report 04 Group Milestones 05 Financial Highlights 06 Highlights of the Year 07 Chairman’s Message 10 Group CEO’s Review 13 Sustainability Strategy 29 Financial Indicators 17 Material Topics and Topic Boundaries 30 Board of Directors 18 Stakeholder Engagement 35 Organizational Structure 71 Senior Management Team 20 Stakeholder Value Creation 38 Our Footprint 72 Group Performance 23 Capital Management Reports 39 Business Reports 74 Group Strategy 24 Financial Capital 39 Logistics Sector 74 OVERVIEW Manufactured Capital 40 Leisure Sector 81 Intellectual Capital 41 Investments Sector 85 Human Capital 44 OPERATIONAL REVIEW Natural Capital 51 Social and Relationship Capital 60 GRI Index 64 Independent assurance Report 67 INTEGRATED MANAGEMENT DISCUSSION AND ANALYSIS 02 EXPOLANKA HOLDINGS PLC - ANNUAL REPORT 2018 | 2019 Group Real Estate Portfolio
    [Show full text]
  • Dress Fashions of Royalty Kotte Kingdom of Sri Lanka
    DRESS FASHIONS OF ROYALTY KOTTE KINGDOM OF SRI LANKA . DRESS FASHIONS OF ROYALTY KOTTE KINGDOM OF SRI LANKA Dr. Priyanka Virajini Medagedara Karunaratne S. Godage & Brothers (Pvt) Ltd. Dedication First Edition : 2017 For Vidyajothi Emeritus Professor Nimal De Silva DRESS FASHIONS OF ROYALTY KOTTE KingDOM OF SRI LANKA Eminent scholar and ideal Guru © Dr. Priyanka Virajini Medagedara Karunaratne ISBN 978-955-30- Cover Design by: S. Godage & Brothers (Pvt) Ltd Page setting by: Nisha Weerasuriya Published by: S. Godage & Brothers (Pvt) Ltd. 661/665/675, P. de S. Kularatne Mawatha, Colombo 10, Sri Lanka. Printed by: Chathura Printers 69, Kumaradasa Place, Wellampitiya, Sri Lanka. Foreword This collection of writings provides an intensive reading of dress fashions of royalty which intensified Portuguese political power over the Kingdom of Kotte. The royalties were at the top in the social strata eventually known to be the fashion creators of society. Their engagement in creating and practicing dress fashion prevailed from time immemorial. The author builds a sound dialogue within six chapters’ covering most areas of dress fashion by incorporating valid recorded historical data, variety of recorded visual formats cross checking each other, clarifying how the period signifies a turning point in the fashion history of Sri Lanka culminating with emerging novel dress features. This scholarly work is very much vital for university academia and fellow researches in the stream of Humanities and Social Sciences interested in historical dress fashions and usage of jewelry. Furthermore, the content leads the reader into a new perspective on the subject through a sound dialogue which has been narrated through validated recorded historical data, recorded historical visual information, and logical analysis with reference to scholars of the subject area.
    [Show full text]
  • The Degree of Financial Literacy As a Deterministic Factor in Investment Decisions: Evidence from Colombo Stock Exchange (CSE) of Sri Lanka
    Sri Lanka Journal of Economic Research The Degree of Financial Literacy as a Vol. 07(1): pp 15-44 Sri Lanka Forum of University Deterministic Factor in Investment Economists ISSN: 2345-9913 Decisions: Evidence from Colombo Stock Exchange (CSE) of Sri Lanka S.R.S.D.K. Weerawansa1 and N.S. Morage2 Abstract Local retail investors at the CSE are not gaining the optimum benefits out of the market whereas, the foreign investors are gaining high profits through trading stocks. In addition, the financial literacy level of Sri Lankans is low compared to other countries. The main target of the researcher is to determine “The Impact of Behavioral Finance on Investment Decision-Making in the Stock Market and the Moderating Role of Financial Literacy: with special reference to local individual investors at the CSE of Sri Lanka”. The findings of the study revealed that a significant relationship exists between behavioral finance and investment decision-making. It was also established that financial literacy moderates the relationship between the independent variables and the dependent variable. The qualitative findings resulted in a final thematic analysis which gave rise to additional independent variables and moderating variables which were suggested for future research by the author. Keywords: Stock Market; Financial literacy; Behavioral finance; Gambler’s Fallacy; Herd Behaviour; Sri Lanka 1 Department of Economics, University of Colombo, Sri Lanka. 2 Imperial Institute of of Higher education (IIHE), Sri Lanka. 15 The Degree of Financial Literacy as a Deterministic Factor in Investment Decisions: Evidence from Colombo Stock Exchange (CSE) of Sri Lanka Introduction Behavioral finance is an emerging area in research where one can ascertain the factors affecting the investment decision-making.
    [Show full text]
  • Every Step of Your Life
    EVERY STEP OF YOUR LIFE HNB Assurance PLC | Integrated Annual Report 2019 EVERY STEP OF YOUR LIFE From the moment our life on earth begins, we face countless decisions, challenges and opportunities. No matter how daunting the future may seem, through joy and sorrow, achievement and adversity, at HNB ÂÂ;s«ƕ×ƕí«ƕ±Í¾ƕȾÍƕ»Í¾»±Âƕ«ƕÂȾ«È««ƕ every step you take; helping you take on tomorrow with ±«í«ƕs«ƕ¾Ès«ÈÝƕ«±«ƕs«ƕªsÈŸ As we continue to uphold our reputation for strength and stability, we look back on a year of excellent performance - having truly delivered on our promise to every stakeholder; enhancing and uplifting lives, providing consistent returns and winning your trust, above all. We’re with you always, every step of your life. CONTENTS 01ABOUT THIS REPORT 05 STATUTORY DISCLOSURES AND 3 The Integrated Report FINANCIAL STATEMENTS 150 Financial Calendar 151 Audit Committee Report 02 ABOUT US 155 Human Resources and Remuneration Committee 6 HNB Assurance Report 10 Our Milestones 157 Related Party Transaction Review Committee 12 Statement of Value Creation 159 Nomination Committee Report 14 Chairperson's Message 161 Report of the Investment Committee 18 Managing Director's Review 163 Report of the Risk Mangement Committee 21 To Our Investors 165 Strategy Review Committee Report 22 Strategic Report 166 Directors' Statement on Internal Control 28 Awards & Accolades 168 Annual Report of the Board of Directors 175 Directors' Interest in Contracts with the Group/ 03 RESPONSIBLE LEADERSHIP Company 30 Board of Directors 176 Directors' Responsibility
    [Show full text]
  • Gender, Lineage, and Localization in Sri Lanka's
    GLOBAL NETWORKS, LOCAL ASPIRATIONS: GENDER, LINEAGE, AND LOCALIZATION IN SRI LANKA’S BHIKKHUNĪ ORDINATION DISPUTE by TYLER A. LEHRER B.A., California State University, Sacramento, 2013 A thesis submitted to the Faculty of the Graduate School of the University of Colorado in partial fulfillment of the requirement for the degree of Master of Arts Department of Religious Studies 2016 This thesis entitled: Global Networks, Local Aspirations: Gender, Lineage, and Localization in Sri Lanka’s Bhikkhunī Ordination Dispute written by Tyler A. Lehrer has been approved for the Department of Religious Studies ________________________________________________________ Dr. Holly Gayley, Committee Chair Assistant Professor, Religious Studies ________________________________________________________ Dr. Deborah Whitehead Associate Professor, Religious Studies ________________________________________________________ Dr. Carla Jones Associate Professor, Anthropology Date _____________________ The final copy of this thesis has been examined by the signatories, and we find that both the content and the form meet acceptable presentation standards of scholarly work in religious studies. IRB protocol #: 15-0563 iii Lehrer, Tyler A. (M.A., Religious Studies) Global Networks, Local Aspirations: Gender, Lineage, and Localization in Sri Lanka’s Bhikkhunī Ordination Dispute Thesis directed by Assistant Professor Dr. Holly Gayley This thesis investigates many of the figures and events that have made full ordinations of Buddhist nuns (bhikkhunīs) both possible and contested
    [Show full text]
  • © DLIFLC | I SRI LANKA in Perspective an Orientation Guide
    SRI LANKA in Perspective An Orientation Guide © DLIFLC | i SRI LANKA in Perspective An Orientation Guide TABLE OF CONTENTS CHAPTER 1: GEOGRAPHY......................................................................................................... 1 Introduction .............................................................................................................................. 1 Geographic Divisions and Topographic Features .................................................................... 1 Knuckles Mountains ......................................................................................................... 2 Hanthana Mountains ......................................................................................................... 2 Sabaragamuwa Mountains ................................................................................................ 2 Climate ..................................................................................................................................... 3 Rivers and Bodies of Water ..................................................................................................... 3 Indian Ocean ..................................................................................................................... 3 Bay of Bengal ................................................................................................................... 3 Palk Bay ............................................................................................................................ 4
    [Show full text]
  • List of Execution Venues Made Available by Societe Generale
    List of Execution Venues made available by Societe Generale January 2018 Note that this list of Execution Venues is not exhaustive and will be kept under review and updated in accordance with Societe Generale’s execution practices. Societe Generale reserves the right to use other Execution Venues in addition to those listed below where it deems it appropriate in accordance with execution practices. Where Societe Generale acts as the Execution Venue, it will consider all sources of reasonably available information to obtain the best possible outcome. Fixed Income . The main Execution Venue is Societe Generale SA (and its affiliates) . When the trading obligation for derivatives applies, execution will take place on MiFID trading venues (Regulated Markets, or MTF or OTF or all equivalent venues as SEF) Alternative Venues include: BGC Bloomberg Bloomberg FIET Brokertec GFI Marketaxess MTP MTS TP ICAP Tradeweb Tradition Forex . The main Execution Venue is Societe Generale SA (and its affiliates) Alternative Venues include: 360T Alpha BGC Bloomberg Currenex EBS Equilend FX Connect FX Spotstream FXall Hotpspot ICAP Integral FX inside Reuters Tradertools Cash Equities Abu Dhabi Securities Exchange EDGEA Exchange NYSE Amex Alpha EDGEX Exchange NYSE Arca AlphaY EDGX NYSE Stock Exchange Aquis Equilend Omega ARCA Stocks Euronext Amsterdam OMX Copenhagen ASX Centre Point Euronext Block OMX Helsinki Athens Stock Exchange Euronext Brussels OMX Stockholm ATHEX Euronext Cash Amsterdam OneChicago Australia Securities Exchange Euronext Cash Brussels Oslo
    [Show full text]
  • Prospectus Bogawantalawa Tea Estates
    PROSPECTUS BOGAWANTALAWA TEA ESTATES PLC ISSUE OF 10,000,000 SENIOR, LISTED, RATED, CONVERTIBLE, UNSECURED, REDEEMABLE, LKR 100 DEBENTURES ISSUED AT LKR 85 EACH TO RAISE SRI LANKA RUPEES EIGHT HUNDRED AND FIFTY MILLION (LKR 850,000,000) TO BE LISTED ON THE COLOMBO STOCK EXCHANGE Rated [SL] BBB+ with Negative Outlook by ICRA Lanka Limited ISSUE OPENS ON 18TH JULY 2019 MANAGERS TO THE ISSUE TRUSTEES TO THE ISSUE Areva Investments (Pvt) Ltd Hatton National Bank PLC PROSPECTUS BOGAWANTALAWA TEA ESTATES PLC ISSUE OF 10,000,000 SENIOR, LISTED, RATED, CONVERTIBLE, UNSECURED, REDEEMABLE, LKR 100 DEBENTURES ISSUED AT LKR 85 EACH TO RAISE SRI LANKA RUPEES EIGHT HUNDRED AND FIFTY MILLION (LKR 850,000,000) TO BE LISTED ON THE COLOMBO STOCK EXCHANGE Rated [SL] BBB+ with Negative Outlook by ICRA Lanka Limited ISSUE OPENS ON 18TH JULY 2019 MANAGERS TO THE ISSUE TRUSTEES TO THE ISSUE Areva Investments (Pvt) Ltd Hatton National Bank PLC “THE COLOMBO STOCK EXCHANGE (CSE) HAS TAKEN REASONABLE CARE TO ENSURE FULL AND FAIR DISCLOSURE OF INFORMATION IN THIS PROSPECTUS. HOWEVER, THE CSE ASSUMES NO RESPONSIBILITY FOR THE ACCURACY OF THE STATEMENTS MADE, OPINIONS EXPRESSED OR REPORTS INCLUDED IN THE PROSPECTUS. MOREOVER, THE CSE DOES NOT REGULATE THE PRICING OF THE DEBENTURES ISSUED HEREIN, WHICH IS DECIDED SLOELY BY THE ISSUER. THE DELIVERY OF THIS PROSPECTUS SHALL NOT UNDER ANY CIRCUMSTANCE CONSTITUTE A REPRESENTATION OR CREATE ANY IMPLICATION OR SUGGESTION THAT THERE HAS BEEN NO MATERIAL CHANGE IN THE AFFAIRS OF THE COMPANY SINCE THE DATE OF THE PROSPECTUS. IF THERE IS A MATERIAL CHANGE, SUCH MATERIAL CHANGE WILL BE DISCLOSED TO THE MARKET.
    [Show full text]
  • Listing on the Colombo Stock Exchange
    Contents Listing on the Colombo Stock Exchange 2 Success Stories 11 Going public: Is an IPO right for your company? 13 The Listing Process 17 Life as a listed company 25 FAQs 27 Key Contacts 29 1 Listing on the Colombo Stock Exchange About CSE A Steady Growth Trajectory Profile At CSE, we are focused on doing what we do best and that includes further developing the exchange and leveraging our The Colombo Stock Exchange (CSE) is the nucleus of Sri strength to be not only a leading international marketplace Lanka’s capital market as the licensed operator of the stock for securities focused on Sri Lanka but also for the rest of market. We are regulated by the Securities and Exchange the region. We are poised to diversify with the planned Commission of Sri Lanka (SEC) and was incorporated as a introduction of multi-currency markets and other new company limited by guarantee over 30 years ago. products. Alongside the wider community which interact with us, our core stakeholder base constitutes of 31 Members and In the midst of the various growth initiatives we are pursuing, Trading Members, 295 issuers, 750,000 investors, over 150 what remains unchanged is our focus on maintaining our employees, and other stakeholders. market’s integrity and quality. We are fully aware that only operating an open, secure, fair, orderly and transparent As an institution of national significance, we maintain marketplace will offer us the investor confidence required to an unwavering focus and commitment towards creating make the expansion of our exchange possible. conditions that support growth.
    [Show full text]
  • Dress for Dance; Costumes During Kotte Period
    Priyanka Virajini Medagedara Karunaratne(1) Dress for Dance; Costumes during Kotte Period (1) Fashion Design & Product Development, Department of Textile & Clothing Technology, Faculty of Engineering, University of Moratuwa, Moratuwa, Sri Lanka. (email : [email protected]) Abstract: Dress has always been a distinctive mark of a historical period. The aim of this article is to present a comprehensive study of dance costumes in use during the Kotte period. Two ivory caskets at present in the Munich Treasury reveal an interesting representation of period dance costume. This attire was inspired by South Indian culture. A profusion of jewelry and an abundance of drapery signified that Front side Rear side these dresses were definitely utilized by the court Fig. 1: casket no 1 (Schroeder 1990, 468) performers of the period. Front slanting lid panel on the left - two Sinhalese Keywords: Dance costume, Cultural aspects, Ivory dancers with a baby and a leaf caskets, Kotte period, South Indian inspiration Middle and right panel - two dancers Rear side in the middle - dancers and Introduction musicians Rear side sloping lid surfaces on the - bearded sword dancers right and the middle panel The dress in historical times reveals curious, tantalizing cultural phenomena which signify their complex origins. Two Ivory caskets of the Kotte period at present in the Residenz Munich, Schatzkammer, Germany(Amin & Melanie 1999) (casket no 1- Inventory no 1241, 18x 30x 16cm and casket no 2, Inventory No 1242, 15x 25x14cm) provides an interesting representation of period attire inspired both by Portuguese and South Indian culture. These two caskets are said to have been produced under the Front side patronage of King Buwanekabahu VIIi (1521-1551AD) the eldest son of Vijayabahu VI (1513- 1521 AD) who sent a delegation to Lisbon carrying an image of prince Dharmapala(1551-1597 AD) with the intention of having it crowned to ensure the succession of Dharmapala to the Kotte throne.
    [Show full text]
  • The List of Approved Stock Exchanges
    November 9, 2018 The following stock exchanges are approved by the Cayman Islands Monetary Authority for purposes of the Regulatory Laws pursuant to the Authority’s Regulatory Policy – Approved Stock Exchanges. Note: This list is for illustrative purposes only and is subject to change. To verify whether a stock exchange is approved by the Cayman Islands Monetary Authority, please refer to the Regulatory Policy – Approved Stock Exchanges. Amman Stock Exchange Deutsche Borse Athens Exchange Dusseldorf Stock Exchange Australian Securities Exchange EDX London Barbados Stock Exchange Eurex BATS Exchange Euronext Bayerische Borse AG Fukuoka Stock Exchange* Berlin Stock Exchange Gibraltar Stock Exchange Bermuda Stock Exchange Hong Kong Exchange and Clearing BM&F Bovespa Indonesia Stock Exchange BME Spanish Exchanges Intercontinental Exchange BOAG Borsen AG International Securities Exchange Bolsa de Comercio de Buenos Aires Irish Stock Exchange Bolsa de Comercio de Santiago Istanbul Stock Exchange Bolsa de Valores de Caracas* Jamaica Stock Exchange Bolsa de Valores de Colombia JASDAQ Bolsa de Valores de Lima Johannesburg Stock Exchange Bombay Stock Exchange Korea Stock Exchange Borsa Italiana SPA London Stock Exchange Bratislava Stock Exchange Ljubljana Stock Exchange Bucharest Stock Exchange Luxembourg Stock Exchange Budapest Stock Exchange Madrid Stock Exchange Bulgarian Stock Exchange Malaysia Stock Exchange Cayman Islands Stock Exchange Malta Stock Exchange Channel Islands Stock Exchange* Mexican Stock Exchange Chicago Board Options Exchange
    [Show full text]