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Brown And Company
Brown and Company PLC, sometimes called Browns Group, is a conglomerate holding company in Sri Lanka. The company was founded by James Brown, a 25-year-old engineer and mechanic from London who arrived in Ceylon in 1872. In 1892, the company was incorporated and in 1991 the company became a listed company on the Colombo Stock Exchange. The company was included in S&P Sri Lanka 20 Index in June 2021. Brown and Company is one of the '' LMD 100'' companies, an annual list of Sri Lankan listed companies by revenue, having ranked 42nd in the 2020/21 edition. History The company was founded by James Brown, a 25-year-old engineer and mechanic from Hampstead, London who arrived in Ceylon in 1872. Brown and Company was established in 1875 and the company engaged in importing and repairing agricultural machinery. In 1892, Brown and Company was incorporated as a limited liability company. The company expanded to Nawalapitiya and Colombo in 1897. in 1947, the company was renamed Brown and Co ...
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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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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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National Development Bank (Sri Lanka)
The National Development Bank PLC (commonly referred to as NDB Bank) is a Sri Lankan banking and financial services institution, headquartered in Colombo, Sri Lanka. Having begun operations as a state-owned development finance institution in 1979. In January 1979, the predecessor of National Development Bank PLC (“NDB” or “Bank”) was set up by the National Development Bank of Sri Lanka Act No 2 of 1979 as “National Development Bank of Sri Lanka”, as a wholly state-owned institution. Following a change of ownership structure in 1993, NDB was privatized and listed on the Colombo Stock Exchange. As a part of its long-term plans in 2001, NDB incorporated a commercial bank under the Companies Act No. 2 of 1982 under the name “NDB Bank Limited” (“NBL”) to take over the business and operations of ABN Amro NV Colombo Branch ("ABN Amro"). On 29 July 2005, NDB acquired the business and operations of NBL (NDB Bank Limited) and converted from a Licensed Specialed Bank to ...
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Debenture
In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term "debenture" originally referred to a document that either creates a debt or acknowledges it, but in some countries the term is now used interchangeably with bond, loan stock or note. A debenture is thus like a certificate of loan or a loan bond evidencing the company's liability to pay a specified amount with interest. Although the money raised by the debentures becomes a part of the company's capital structure, it does not become share capital. Senior debentures get paid before subordinate debentures, and there are varying rates of risk and payoff for these categories. Debentures are freely transferable by the debenture holder. Debenture holders have no rights to vote in the company's general meetings of shareholders, but they may have separate meetings or votes e.g. on changes to the rights attached to the debentures ...
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Investment Company
An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the Investment Company Act of 1940. Investment companies invest money on behalf of their clients who, in return, share in the profits and losses. Investment companies are designed for long-term investment, not short-term trading. Investment companies do not include brokerage companies, insurance companies, or banks. In United States securities law, there are at least three types of investment companies: * Open-End Management Investment Companies (mutual funds) *Face amount certificates companies: very rare. *Management companies * Closed-End Management Investment Companies ( closed-end funds) * UITs (unit investment trusts): only issue redeemable units. In general, each of these investment companies must register under the Securities Ac ...
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Norwood, Sri Lanka
Norwood, Sri Lanka is a village in Sri Lanka. It is located within Central Province. See also *List of towns in Central Province, Sri Lanka Central Province is a province of Sri Lanka, containing the Kandy District, Matale District, and Nuwara Eliya District. The following is a list of settlements in the province. __NOTOC__ A Abasingammedda, Adhikarigama, Agalakumbura, Agalawa ... External links * Populated places in Nuwara Eliya District {{NuwaraEliyaDistrict-geo-stub ...
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Green Tea
Green tea is a type of tea that is made from '' Camellia sinensis'' leaves and buds that have not undergone the same withering and oxidation process which is used to make oolong teas and black teas. Green tea originated in China, and since then its production and manufacture has spread to other countries in East Asia. Several varieties of green tea exist, which differ substantially based on the variety of ''C. sinensis'' used, growing conditions, horticultural methods, production processing, and time of harvest. The two main components unique to green tea are "catechins" and "theanine," and the health effects of these components are attracting a great deal of attention in Japan and abroad. History Tea consumption has its legendary origins in China during the reign of mythological Emperor Shennong. A book written by Lu Yu in 618–907 AD (Tang dynasty), ''The Classic of Tea'' (), is considered important in green tea history. The ''Kissa Yōjōki'' (喫茶養生記 ''Book ...
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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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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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Sunday Observer (Sri Lanka)
''Sunday Observer'' is a weekly English-language newspaper in Sri Lanka, published on Sundays. The ''Sunday Observer'' and its sister newspapers the '' Daily News'', ''Dinamina'', ''Silumina'' and ''Thinakaran'' are published by Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The paper, which was established in the present-day format in 1928, has roots that date back to 1834 when Sri Lanka was under the British rule. It is the oldest Sri Lankan newspaper in circulation apart from the ''Government Gazette''. The current Editor is Dharisha Bastians. History Origins The British captured the coastal areas of Sri Lanka in 1796 and had consolidated their power throughout the island by 1818. In 1829 the Colonial Office appointed the Colebrooke-Cameron Commission to evaluate the administration of the country under the Governor of Ceylon, Edward Barnes, and to recommend reforms. The commission's recommendations, presented in 1833, marked the begi ...
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Hatton National Bank
Hatton National Bank PLC (commonly abbreviated as HNB) is a private bank in Sri Lanka with 255 branches and 794 ATMs. The bank traces its origin to 1888 when Hatton Bank commenced its operations in Hatton, Sri Lanka. See also * List of banks in Sri Lanka * List of companies listed on the Colombo Stock Exchange As of March 2023, the Colombo Stock Exchange (CSE) has 289 listings. A B C D E F G H I J K L M N O P R S T U V W Y References {{Economy of Sri Lanka * Colombo Stock Exchange Colombo Stock ... References External links Official website {{Authority control 1888 establishments in Ceylon Banks of Sri Lanka Banks established in 1888 Companies listed on the Colombo Stock Exchange ...
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