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Ambeon Holdings
Ambeon Holdings PLC is a conglomerate holding company based in Sri Lanka. John Walker who established Walker Sons and Company is the founder of the company. In 1874, Walker founded Walker and Greig to supply agricultural machinery to plantations in the hill country. The company was incorporated in 1910 and in 1959, it was brought under Brown and Company. In 1970, the company was listed on the Colombo Stock Exchange. When Lionhart Investment Limited acquired the company in 2007, operations under the new owners proved to be controversial. The Securities and Exchange Commission launched a probe into the company when a subsidiary of the company sold a platinum mine in South Africa at a profit. The directors of the company were fined for document falsification. Harsha de Silva accused the company and its parent of stock manipulation in the parliament in 2013. Taprobane Holdings, a consortium of Navitas Holdings, Galle Face Hotel Group and Hirdaramani Group, acquired the company in 2015 ...
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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), i ...
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Haputale
Haputale ( si, හපුතලේ; ta, ஹபுதலே) is a town of Badulla District in the Uva Province, Sri Lanka, governed by an Urban Council. The elevation is 1431 m (4695 ft) above the sea level. The area has a rich bio-diversity dense with numerous varieties of flora and fauna. Haputale is surrounded by hills covered with cloud forests and tea plantations. The town has a cooler climate than its surroundings, due to its elevation. The Haputale pass allows views across the Southern plains of Sri Lanka. The South-West boundary of Uva basin is marked by the Haputale mountain ridges, which continue on to Horton Plains and Adam's Peak to the west. CNN in 2010 named Haputale as one of Asia's most overlooked destinations. Transport Roads ** A16 highway ( Beragala-Hali Ela) a part of the Colombo-Badulla road. (Route 99) ** B147 (Haputale-Dambetenna) road. ** Haputale-Welimada road. (Via Boralanda) ** Haputale-Diyatalawa road. (via Yahalabedda) ** Haputale-Wellawa ...
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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 and Na ...
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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 Pud ... 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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Daily FT
The ''Daily FT'' or the ''Daily Financial Times'' is a daily English-language newspaper published in Colombo, Sri Lanka, by Wijeya Newspapers. Its sister newspaper ''The Daily Mirror (Sri Lanka)'' and its Sunday counterpart ''Sunday Times'' are among the important newspapers in Sri Lanka. 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 Pud ... sister newspaper Notes External links * Daily FT' – Official Website * Daily Mirror' – Official Website * Sunday Times' – Official Website Daily newspapers published in Sri Lanka English-language newspapers published in Sri Lanka Newspapers established in 2010 Wijeya Newspapers Mass media in Colombo {{SriLanka-newspaper-stub ...
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Parliament Of Sri Lanka
The Parliament of the Democratic Socialist Republic of Sri Lanka (Sinhala: ශ්‍රී ලංකා පාර්ලිමේන්තුව ''Shri Lanka Parlimenthuwa'', Tamil: இலங்கை நாடாளுமன்றம் ''Ilaṅkai nāṭāḷumaṉṟam'') is the supreme legislative body of Sri Lanka. It alone possesses legislative supremacy and thereby ultimate power over all other political bodies in the island. It is modeled after the British Parliament. It consists of 225 members known as Members of Parliament (MPs). Members are elected by proportional representation for five-year terms, with universal suffrage. The President of Sri Lanka has the power to summon, suspend, prorogue, or terminate a legislative session and to dissolve the Parliament. President can dissolve Parliament only after the lapse of years or if majority of Members of Parliament requests him. The actions of the president to either suspend or dissolve the Parliament is subject to leg ...
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Pump And Dump
Pump and dump (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small-cap cryptocurrencies and very small corporations/companies, i.e. " microcaps". While fraudsters in the past relied on cold calls, the Internet now offers a cheaper and easier way of reaching large numbers of potential investors through spam email, investment research websites, social media, and misinformation. Scenarios Pump-and-dump schemes may take place on the Internet using an email spam campaign, through media channels via a fake press release, or through telemarketing from " boiler room" brokerage houses (such as that dramatized in the 2000 film '' Boiler Room''). Often the stock promoter will cla ...
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Stock Manipulation
In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity. Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the ''Market Abuse Regulation'', in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act. The US Securities Exchange Act defines market manipulation as "transactions which create an art ...
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Wijeya Newspapers
Wijeya Newspapers Limited (WNL) is a Sri Lankan media company which publishes a number of national newspapers and magazines. Formerly known as Wijeya Publications Limited, WNL was founded in 1979 by Ranjith Wijewardene, son of media mogul D. R. Wijewardena. Ranjith Wijewardene had been chairman of Associated Newspapers of Ceylon Limited before it was taken over by the government in July 1973. Ranjith Wijewardene bought the trade names and library of the Times of Ceylon Limited (TOCL) group after it closed down in January 1985. He subsequently started various newspapers using the names of former TOCL publications: Irida Lankadeepa (1986), ''Sunday Times'' (1987), ''Lankadeepa'' (1991) and ''Midweek Mirror'' (1995). The ''Midweek Mirror'' became the ''Daily Mirror'' in 1999. Other newspapers, magazines and web sites owned by WNL include ''Ada'', ''Bilindu'', ''Daily FT'', ''GO: Guys Only'', '' Hi!! Magazine'', ''LW (Lanka Woman)'', ''Mirror Sports'', ''Pariganaka'', ''Sirikatha'', ''T ...
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The Sunday Times (Sri Lanka)
''The Sunday Times'' is a weekly Sri Lankan broadsheet initially published by the now defunct Times Group, until 1991, when it was taken over by Wijeya Newspapers. The paper features articles of journalists such as defence columnist Iqbal Athas and Ameen Izzadeen. The daily counterpart of the Sri Lankan ''Sunday Times'' is the ''Daily Mirror''. History The first ''Times'' newspaper, ''Ceylon Times'' was established in 1846. The Times of Ceylon Ltd, which existed for 131 years, was taken over by the Sri Lankan government in 1977. Ranjith Wijewardena, the son of D. R. Wijewardena, and the chairman of Wijeya Newspapers Ltd, purchased the company which was under liquidation, in 1986. However, the newspaper ''The Sunday Times'' came into being in 1991. See also *List of newspapers in Sri Lanka The List of newspapers in Sri Lanka lists every daily and non-daily news publication currently operating in Sri Lanka. The list includes information on whether it is distributed daily or non- ...
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Colombo Stock Exchange
The Colombo Stock Exchange (CSE) ( si, කොළඹ ව්‍යාපාර වස්තු හුවමාරුව, translit=Kolamba Vyapara Vasthu Huvamaruva; ta, கொழும்பு பங்கு பரிவர்த்தனை) is the main stock exchange in Sri Lanka that utilizes an electronic trading platform. The CSE headquarters have been located at the World Trade Center (Colombo) Towers in Colombo since 1995, and it has regional branches in Kandy, Jaffna, Negombo, Matara, Kurunegala, Anuradhapura and Ratnapura. The CSE trades 296 companies representing 20 business sectors, with a combined market capitalization of 3,699 billion Sri Lankan rupees. On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points. History Share trading in Sri Lanka was initiated in 1896 under the Share Brokers Association (SBA). The Colombo Brokers' Association ...
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Associated Newspapers Of Ceylon Limited
Associated Newspapers of Ceylon Limited (ANCL), also known as Lake House. It publishes three daily, three weekend, five weekly, two monthly and three annual publications in Sinhala, English and Tamil. Associated Newspapers of Ceylon Limited is a public limited liability company incorporated in Sri Lanka in 1926 by its founder D. R. Wijewardena. 75% of its shares were Nationalized under the Associated Newspapers of Ceylon Limited (Special Provisions) Law No. 28 of 1973 and this stake is held by the Public Trustee of Sri Lanka on behalf of the Government. Lake House is Sri Lanka's oldest publication company. Its '' Daily News'' English daily was the first Sri Lankan newspaper to be published on-line. At present ''Dinamina'', Resa, ''Daily News'', ''Thinakaran'', ''Sunday Observer'',Epitome of Sri Lankan journalism
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