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Swisstek
Swisstek (Ceylon) PLC is a tile grout and tile mortar manufacturing company in Sri Lanka. The company was established in 1967 as Parquet (Ceylon) Ltd to manufacture parquetry. Parquet (Ceylon) signed an agreement with Switzerland-based Bauwerk AG for technology collaboration and started supplying for the domestic and foreign markets under the brand name "Swissparkett". The company was listed on the Colombo Stock Exchange in 1983. Parquet (Ceylon) switched its core business by switching to manufacturing tile grout and mortar in 2009. In 2011, the company was renamed Swisstek (Ceylon) and in 2013, became a part of the Vallibel One Group. Swisstek is one of the ''LMD'' 100 companies in Sri Lanka. History The company was founded in 1967 as Parquet (Ceylon) Ltd to manufacture parquetry. Singha Weerasekera, the then-chairman of Don Carolis and Sons, was the founding chairman of Parquet (Ceylon). Parquet (Ceylon) entered into a technology collaboration with Switzerland-based and suppl ...
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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 Exchange The Colombo Stock Exchange (CSE) ( si, කොළඹ ව්‍යාපාර වස්තු හුවමාරුව, translit=Kolamba Vyapara Vasthu Huvamaruva; ta, கொழும்பு பங்கு பரிவர்த்தனை) i ...
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Lanka Tiles
Lanka Tiles PLC, doing business as LANKATILES, is a glazed ceramic and porcelain tile manufacturing company in Sri Lanka. The company was incorporated in 1984 and two years later was listed on the Colombo Stock Exchange. Lanka Tiles was a part of the government-owned Ceylon Ceramics Corporation. In 1991, all but one division of Ceylon Ceramics Corporation was incorporated as Lanka Ceramic Limited. Ceylon Theatres acquired Lanka Ceramic from the government of Sri Lanka. In 2013, Royal Ceramics acquired 80% of the stake in Lanka Ceramic, thus bringing Lanka Tiles under the umbrella of the Vallibel One Group. The company capitalised on an anti-dumping duty imposed by the government of the United States on goods originating in China and started exporting mosaic tiles to the United States. Lanka Tiles is one of the 100 most valuable brands in Sri Lanka in 2022. Due to weakening demand as a result of the prevailing economic crisis in the country, the company restarted its operations in ...
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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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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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Companies Listed On The Colombo Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating 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 duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Manufacturing Companies Established In 1967
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product ...
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1967 Establishments In Ceylon
Events January * January 1 – Canada begins a year-long celebration of the 100th anniversary of Canadian Confederation, Confederation, featuring the Expo 67 World's Fair. * January 5 ** Spain and Romania sign an agreement in Paris, establishing full consular and commercial relations (not diplomatic ones). ** Charlie Chaplin launches his last film, ''A Countess from Hong Kong'', in the UK. * January 6 – Vietnam War: United States Marine Corps, USMC and Army of the Republic of Vietnam, ARVN troops launch ''Operation Deckhouse Five'' in the Mekong Delta. * January 8 – Vietnam War: Operation Cedar Falls starts. * January 13 – A military coup occurs in Togo under the leadership of Étienne Eyadema. * January 14 – The Human Be-In takes place in Golden Gate Park, San Francisco; the event sets the stage for the Summer of Love. * January 15 ** Louis Leakey announces the discovery of pre-human fossils in Kenya; he names the species ''Proconsul nyanzae, Kenyapithecus africanus ...
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Extrusion
Extrusion is a process used to create objects of a fixed cross-sectional profile by pushing material through a die of the desired cross-section. Its two main advantages over other manufacturing processes are its ability to create very complex cross-sections; and to work materials that are brittle, because the material encounters only compressive and shear stresses. It also creates excellent surface finish and gives considerable freedom of form in the design process. Drawing is a similar process, using the tensile strength of the material to pull it through the die. It limits the amount of change that can be performed in one step, so it is limited to simpler shapes, and multiple stages are usually needed. Drawing is the main way to produce wire. Metal bars and tubes are also often drawn. Extrusion may be continuous (theoretically producing indefinitely long material) or semi-continuous (producing many pieces). It can be done with hot or cold material. Commonly extruded materials ...
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Aluminium
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of 26Al is used in radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity tow ...
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Plaster Veneer
Plaster veneer (US terminology) or plaster skim (UK terminology) is a construction methodology for surfacing interior walls, by applying a thin layer of plaster over a substrate—typically over specially formulated gypsum board base, similar in nature to drywall. History Until the mid twentieth century, it was standard practice in Western construction to surface interior walls using wooden lath and a layer of plaster about a half-inch thick (" lath and plaster"). Later, drywall became a standard. Typically, drywall is surfaced using the "mud-and-tape" method, where non-adhesive paper or mesh tape and drywall Joint compound ("mud") is used to fill joints, cover nail heads, and repair any flaws. Plaster veneer was developed as a way of taking advantage of the reduced labor of modern drywall, while providing a genuine plaster surface for a wall. Applications In much of the world, plaster veneer is a very rare wall surface. Consequently, it can be difficult to find a local tra ...
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LMD (magazine)
''LMD'', formerly known as ''Lanka Monthly Digest'', is an English language Sri Lankan business magazine. The magazine is owned by Media Services (Pvt) Ltd and was first issued in August 1994. The magazine is available in print and online versions. Hiran Hewavisenti is the magazine's editor-in-chief. ''LMD'' derives its revenue through both advertising and subscription fees. Monthly circulation is about 5,000 while monthly readership is around 30,000-40,000. The magazine has a subscriber base of about 1,800. ''Living'' and ''Discover Sri Lanka'' are the sister publications of the magazine. Compiled lists and indices ''LMD'' compiles and publishes popular company listings, rankings and indices. ''LMD'' 100 Dubbed "Sri Lanka's ''Fortune'' 500." The magazine has been publishing the ''LMD'' 100 since the 1994/95 fiscal year. The latest edition, the 28th edition of ''LMD'' 100 was published for the fiscal year 2020/2021 in 2022. Sri Lankan conglomerate, Hayleys Hayleys PLC, fou ...
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Cinnamon Life Colombo
Cinnamon Life Integrated Resort is the first integrated resort in Sri Lanka and the largest private investment in the country. Sri Lankan-British architect, Cecil Balmond designed the resort while Hyundai Engineering & Construction is the main contractor. The construction of the resort began in 2014. All the buildings in the resort topped off in May 2019. Even though the resort was originally planned to be completed by 2018, the project got delayed several times due to various reasons. John Keells started handing over keys to the suites apartments in August 2021. With handing over of residential and commercial units, revenue recognition started at Cinnamon Life. The remainder of the project is scheduled to be launched in a phased manner, in the first half of 2023. History 2014-18 Cecil Balmond is the architect of the project while Hyundai Engineering & Construction is the main contractor. Waterfront Properties (Pvt) Ltd, a subsidiary of John Keells Holdings, will manage the prop ...
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