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Citrus Leisure
Citrus Leisure PLC is a hotel chain in Sri Lanka. The hospitality company owns and operates Citrus Waskaduwa, Citrus Hikkaduwa and the Steuart by Citrus. The company was incorporated as Hotel Reefcomber Limited in 1973. In 2010, the company was rebranded as Citrus Leisure when Dilith Jayaweera and Varuni Fernando of Triad Advertising bought a stake in the company. In 1984, the company was quoted on the Colombo Stock Exchange. History Citrus Hikkaduwa was incorporated in 1973 as Hotel Reefcomber Limited. Hotel Reefcomber was listed on the Colombo Stock Exchange in 1984. The hotel company was rebranded as Citrus Leisure PLC in 2010. Sri Lankan entrepreneur, Dhammika Perera acquired the hotel in 2004 for LKR26 million. Perera divested the hotel for LKR328 million in 2010. Dilith Jayaweera and Varuni Fernando of Triad Advertising acquired a stake in the company in the same year. The Criminal Investigation Department opened an investigation in 2013 on a land purchase by Citrus Leisure ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( 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 therefore 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 Kingdom it is usually a public limited company (plc), ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied b ...
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Culture Of Scotland
The culture of Scotland refers to the patterns of human activity and symbolism associated with Scotland and the Scottish people. The Scottish flag is blue with a white saltire, and represents the cross of Saint Andrew. Scots law Scotland retains Scots Law, its own unique legal system, based on Roman law, which combines features of both civil law and common law. The terms of union with England specified the retention of separate systems. The barristers are called advocates, and the judges of the high court for civil cases are also the judges for the high court for criminal cases. Scots Law differs from England's common law system. Formerly, there were several regional law systems in Scotland, one of which was Udal Law (also called ''allodail'' or ''odal law'') in Shetland and Orkney. This was a direct descendant of Old Norse Law, but was abolished in 1611. Despite this, Scottish courts have acknowledged the supremacy of udal law in some property cases as recently as the 1990s. ...
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Fort (Colombo)
Fort (Colombo) (; ) is the central business district of Colombo in Sri Lanka. It is the financial district of Colombo and the location of the Colombo Stock Exchange (CSE) and the World Trade Centre of Colombo from which the CSE operates. It is also the location of the Bank of Ceylon headquarters. Along the foreshore of the Fort area is the Galle Face Green Promenade, built in 1859 under the governance of Sir Henry George Ward, the Governor of Ceylon (Sri Lanka) during British colonial era. Fort is also home to the General Post Office, hotels, government departments and offices. History Known as ''Kolonthota'', the area became notable as the site of the first landings of the Portuguese in the early 16th century and became one of their trading posts in the island. The Portuguese developed their trading post into a fortified base and harbour to extend their control of the interior of the island. A detailed account of the first Portuguese settlement and fort can be found in the 1 ...
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Hikkaduwa
Hikkaduwa is a small town on the south coast of Sri Lanka located in the Southern Province, about north-west of Galle and south of Colombo. Etymology The name Hikkaduwa is thought to have been derived from the two words ''Sip Kaduwa'', with ''Sip (සිප්)'' being the shorter version of ''Shilpaya'' which refers to knowledge in Sinhalese and ''Kaduwa(කඩුව)'' which means sword. It is believed therefore that the name Hikkaduwa means ''sword of knowledge''. Alternatively it means coral or seashell jungle. Transport Hikkaduwa is located on the Coastal or Southern Rail Line (connecting Colombo through to Matara). It is also located on the A2 highway, connecting Colombo to Wellawaya, which runs mostly parallel to the shore, through the town. Economy Hikkaduwa's economy was traditionally based on fishing and coconut cultivation. This was replaced by tourism when its golden sandy beaches were discovered. It is a well-known international destination for board-surfing ...
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PressReader
PressReader is a digital newspaper distribution and technology company with headquarters in Vancouver, Canada and offices in Dublin, Ireland and Manila, Philippines. PressReader distributes digital versions of over 7,000 newspapers and magazines in more than 60 languages through its applications for iOS, Android, Windows, Mac and various e-readers as well as its website, and operates digital editions of newspapers and magazines for publishers, including ''The New York Times'', ''The Washington Post'' and '' The Globe and Mail''. History Founded in 1999 as NewspaperDirect, the company started as a service for printing physical copies of newspapers, aimed at travelers who wished to read their home newspaper while staying in a hotel abroad, and launched a digital product in 2003. In 2013, the company rebranded as PressReader. In 2017, the company opened an office in Dublin, Ireland. In August 2019, the company acquired News360, makers of the News360 personalized news app an ...
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Daily Mirror (Sri Lanka)
''Daily Mirror'' is a daily English-language newspaper published in Colombo, Sri Lanka, by Wijeya Newspapers. Its Sunday counterpart is the ''Sunday Times''. Its sister newspaper on financial issues is the ''Daily FT''. Daily supplements ;Mondays through Saturdays *''Mirror Business'' *''Life'' ;Tuesdays *''W@W – Women at work'' ;Thursdays *''Junior Mirror'' See also *'' Lankadeepa'', Sinhala-language sister newspaper *'' Tamil Mirror'', Tamil-language Tamil (; ' , ) is a Dravidian language natively spoken by the Tamil people of South Asia. Tamil is an official language of the Indian state of Tamil Nadu, the sovereign nations of Sri Lanka and Singapore, and the Indian territory of Pudu ... sister newspaper Notes External links * - Daily Mirror Daily newspapers published in Sri Lanka English-language newspapers published in Sri Lanka Publications established in 1999 Wijeya Newspapers Mass media in Colombo {{SriLanka-newspaper-stub ...
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Mahinda Rajapaksa
Mahinda Rajapaksa ( si, මහින්ද රාජපක්ෂ, ta, மஹிந்த ராஜபக்ஷ; born Percy Mahendra Rajapaksa; 18 November 1945) is a Sri Lankan politician. He served as the President of Sri Lanka from 2005 to 2015; the Prime Minister of Sri Lanka from 2004 to 2005, 2018, and 2019 to 2022; the Leader of the Opposition from 2002 to 2004 and 2018 to 2019, and the Minister of Finance from 2005 to 2015 and 2019 to 2021. He has been a Member of Parliament (MP) for Kurunegala since 2015. Rajapaksa is a lawyer by profession and was first elected to the Parliament of Sri Lanka in 1970. He served as the leader of the Sri Lanka Freedom Party from 2005 to 2015. Rajapaksa was sworn in for his first six-year term as president on 19 November 2005. He was subsequently re-elected in 2010 for a second term. Rajapaksa was defeated in his bid for a third term in the 2015 presidential election by Maithripala Sirisena, and he left office on 9 January 2015. ...
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Hotel Rating
Hotel ratings are often used to classify hotels according to their quality. From the initial purpose of informing travellers on basic facilities that can be expected, the objectives of hotel rating have expanded into a focus on the hotel experience as a whole. Today the terms 'grading', 'rating', and 'classification' are used to generally refer to the same concept, that is to categorize hotels. There are a wide variety of rating schemes used by different organizations around the world. Many have a system involving stars, with a greater number of stars indicating greater luxury. Forbes Travel Guide, formerly Mobil Travel Guide, launched its star rating system in 1958. The AAA and their affiliated bodies use diamonds instead of stars to express hotel and restaurant ratings levels. Food services, entertainment, view, room variations such as size and additional amenities, spas and fitness centers, ease of access and location may be considered in establishing a standard. Hotels ...
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Citrus 3^, Hikkaduwa, Sri Lanka - Panoramio
''Citrus'' is a genus of flowering trees and shrubs in the rue family, Rutaceae. Plants in the genus produce citrus fruits, including important crops such as oranges, lemons, grapefruits, pomelos, and limes. The genus ''Citrus'' is native to South Asia, East Asia, Southeast Asia, Melanesia, and Australia. Various citrus species have been used and domesticated by indigenous cultures in these areas since ancient times. From there its cultivation spread into Micronesia and Polynesia by the Austronesian expansion (c. 3000–1500 BCE); and to the Middle East and the Mediterranean (c. 1200 BCE) via the incense trade route, and onwards to Europe and the Americas. History Citrus plants are native to subtropical and tropical regions of Asia, Island Southeast Asia, Near Oceania, and northeastern Australia. Domestication of citrus species involved much hybridization and introgression, leaving much uncertainty about when and where domestication first happened. A genomic, ...
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Old Colombo Dutch Hospital
The Old Colombo Dutch Hospital (known as ''The Dutch Hospital'') is considered to be the oldest building in the Colombo Fort area dating back to the Dutch colonial era in Sri Lanka. It is now a heritage building and a shopping and dining precinct. History Dutch Era Built as a hospital by the Dutch, it has been used for several different purposes, over the years. It is believed to have existed since 1681, as recorded by German Christoper Schweitzer. The Dutch established the Colombo hospital to look after the health of the officers and other staff serving under the Dutch East India Company. The hospital's close proximity to the harbour allowed it to serve Dutch seafarers. Most patients were provided with a mat, while the most ill were given a mattress. Patients clothing was imported from Tuticorin, India. The surgeon with the longest service at the Colombo hospital was Alleman. Alleman sought to improve conditions at the hospital, including increasing provisions. The mos ...
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