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Carson Cumberbatch PLC is one of the largest conglomerates in Sri Lanka which also has business interests in Indonesia, Malaysia, and India. The company has its origin in the colonial era, having been founded by merging two companies founded by R. B. Carson and Henry Cumberbatch (nephew of Robert William Cumberbatch). The Selvanathan family, founders of the Sri Krishna Corporation, is the ultimate controlling shareholder of the company. History The company has its origin in the colonial era, having founded by merging two companies founded by R. B. Carson and Henry Cumberbatch (nephew of Robert William Cumberbatch). The rubber interest of the Carson and Company traded in 1910 in London Stock Exchange with a capital of 1.5 million sterling pounds thus making it the largest rubber business of the country at that time. The Carson and Company converted to a limited liability company in 1913, and the merger with Cumberbatch and Company happened in 1947. In 1976, the company diversifie ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Renuka Holdings
Renuka Holdings PLC, also called Renuka Group, is a conglomerate company in Sri Lanka. Ceylonese businessman Alfred Thambiyah laid the foundations of the Renuka Group by acquiring the Crago Boat Dispatch Company in 1936 and establishing Renuka Hotel, named after his youngest daughter Indu Renuka in 1969. Indu Renuka Rajiyah founded Renuka Enterprises in 1975, and Renuka Holdings in 1979 marked the formal beginning of the group. Renuka Holdings went public in 2008 and following the listing on the Colombo Stock Exchange, the company pursued a growth strategy. Renuka Holdings is one of the ''LMD'' 100 companies in Sri Lanka and also one of the 20 largest conglomerates in Sri Lanka. History Ceylonese businessman Alfred Thambiayah laid the foundations of the Renuka Group. Thambiyah went to business with Chittampalam A. Gardiner, and together they cofounded Ceylon Theatres Ltd in 1928. In 1936, Thambiyah acquired the Cargo Boat Dispatch Company, a shipping company operating in the Po ...
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Conglomerate Companies Of Sri Lanka
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge Conglomerate Ridge () is a ridge, long, located east-southeast of Mount Bursik in the Soholt Peaks, Heritage Range, Ellsworth Mountains of Antarctica. The ridge trends northwest–southeast and rises to about . It was so named from the congl ..., in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) {{disambiguation ...
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Companies Listed On The Colombo Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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1913 Establishments In Ceylon
Events January * January – Joseph Stalin travels to Vienna to research his ''Marxism and the National Question''. This means that, during this month, Stalin, Hitler, Trotsky and Tito are all living in the city. * January 3 – First Balkan War: Greece completes its Battle of Chios (1912), capture of the eastern Aegean island of Chios, as the last Ottoman forces on the island surrender. * January 13 – Edward Carson founds the (first) Ulster Volunteers, Ulster Volunteer Force, by unifying several existing Ulster loyalism, loyalist militias to resist home rule for Ireland. * January 18 – First Balkan War: Battle of Lemnos (1913), Battle of Lemnos – Greek admiral Pavlos Kountouriotis forces the Turkish fleet to retreat to its base within the Dardanelles, from which it will not venture for the rest of the war. * January 23 – 1913 Ottoman coup d'état: Enver Pasha comes to power. February * February 1 – New York City's Grand Central Te ...
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List Of Sri Lankan Public Corporations By Market Capitalisation
This is a list of largest publicly traded companies on Colombo Stock Exchange by market capitalisation in Sri Lanka. Only the top 50 companies are listed below. List These 50 companies alone account for about 75% of the total market capitalisation of the Colombo Stock Exchange. On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. Hayleys announced a stock split on January 21 of 2021 and it resulted in increasing market capitalization by over 100 billion rupees. All share price index surpassed 8000 points for the first as a result. Source: Colombo Stock Exchange, 20 May 2023 See also * List of public corporations by market capitalization The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": Market capitalization is calculated by multiplying the share price on a selected day and the number of ... References {{Economy of Sri Lanka Pu ...
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List Of Companies Listed On The Colombo Stock Exchange
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole".Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help us ...
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Ministry Of Health, Nutrition And Indigenous Medicine
The Ministry of Health (; ) is the central government ministry of Sri Lanka responsible for health. The ministry is responsible for formulating and implementing national policy on health, nutrition, indigenous medicine and other subjects which come under its purview. Provincial councils are constitutionally responsible for operating the majority of the Sri Lanka's public hospitals but some, known as ''line ministry hospitals'', come under the direct control of the central government in Colombo. As of 2016 there were 47 line ministry hospitals (including all of the country's teaching hospitals), accounting for 47% (36,000) of all public hospital beds in the country. The current Minister of Health portfolio is held by Prime Minister Dr Harini Amarasuriya since 2024. Ministers The Minister of Health, Nutrition and Indigenous Medicine is a member of the Cabinet of Sri Lanka. ; Parties Secretaries References External links health.gov.lk {{Authority control 19 ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ...
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Asset Management
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). Theory of asset management primarily deals with the periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally ...
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Investment Management
Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contract, contracts/mandates or via collective investment schemes like mutual funds, exchange-traded funds, or REIT, Real estate investment trusts. The term ''investment management'' is often used to refer to the management of investment funds, most often specializing in private equity, private and public equity, real assets, alternative assets, and/or bonds. The more generic term ''asset management'' may refer to management of assets not necessarily primarily held for investment purpos ...
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Oil Palm
''Elaeis'' () is a genus of palms, called oil palms, containing two species, native to Africa and the Americas. They are used in commercial agriculture in the production of palm oil. Description Mature palms are single-stemmed, and can grow well over tall. The leaves are pinnate, and reach between long. The flowers are produced in dense clusters; each individual flower is small, with three sepals and three petals. The palm fruit is reddish, about the size of a large plum, and grows in large bunches. Each fruit is made up of an oily, fleshy outer layer (the pericarp), with a single seed (the palm kernel), also rich in oil. Species The two species, '' E. guineensis'' (Africa) and '' E. oleifera'' (Americas) can produce fertile hybrids. The genome of ''E. guineensis'' has been sequenced, which has important implications for breeding improved strains of the crop plants. Distribution and habitat ''E. guineensis'' is native to west and southwest Africa, occurr ...
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