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June 03, 2015 6:59 AM ET

Multiline Retail

Company Overview of Singer (Sri Lanka) PLC

Company Overview

Singer (Sri Lanka) PLC operates in retail and wholesale marketing activities in Sri Lanka. The company markets domestic and industrial sewing machines, and general merchandise; consumer electronics, including televisions, audios, DVD, blue-ray players, speakers, and other electronic products; white goods comprising refrigerators, washing machines, deep freezers, bottle coolers, air conditioners, and fans; kitchen-related products, such as table tops, gas ovens, rice cookers, microwave ovens, electric ovens, grinders, and blenders; communication products consisting of computers, laptops, CDMA, mobile phones, smartphones, digital cameras, and dialog satellite dishes; wood and layered furniture...

No. 80, Nawam Mawatha

Colombo,  2

Sri Lanka

Founded in 1877

1,762 Employees

Phone:

94 11 2316316

Fax:

94 11 2423544

Key Executives for Singer (Sri Lanka) PLC

Singer (Sri Lanka) PLC does not have any Key Executives recorded.

Singer (Sri Lanka) PLC Key Developments

Singer (Sri Lanka) PLC Appoints D.T. Ranil De Silva as an Independent Non-Executive Director

Singer (Sri Lanka) PLC announced the appointment of D.T. Ranil De Silva to the company's board of directors as an Independent Non-Executive Director with effect from April 1, 2015. De Silva already serves on the boards of the associate companies of Singer (Sri Lanka) PLC, namely Singer Industries (Ceylon) PLC and Regnis (Lanka) PLC. He is also the Managing Director of Serendib Hotels PLC and holds directorships in Dolphin Hotels PLC and Hotel Sigiriya PLC. Previously he held leadership roles as the Group CEO of Distilleries Company of Sri Lanka PLC (DCSL), as the Director/CEO, Comfortwear (Pvt.) Ltd, and as the Head of Finance of Sathosa Retail Ltd. His overseas experience as the Deputy General Manager/Head of Finance and Controlling at Sika Gulf BSC Bahrain, a subsidiary of the world leader in the field of construction chemicals, has added another dimension to Silva's already impressive career.

Singer (Sri Lanka) PLC Announces Change of Chairman

Mr. Hemaka Amarasuriya will be retiring from the office of Chairman of Singer (Sri Lanka) PLC on March 31, 2015 having completed a long and illustrious tenure as a Director and Chairman of the company. At the Board of Directors Meeting held on March 31, 2015, Dr. Saman Kelegama was appointed the Chairman of Singer (Sri Lanka) PLC with effect from April 1, 2015. Dr. Kelegama is currently the Chairman of Singer Finance (Lanka) PLC. Director, Singer (Sri Lanka) PLC, Regnis (Lanka) PLC, S C Securities (Pvt) Ltd., and the Postgraduate Institute of Management.

Singer (Sri Lanka) PLC Appoints Ajith Paranavitane as Alternate Director

Ajith Paranavitane was appointed to the Board of Singer (Sri Lanka) PLC as an Alternate Director, with effect from November 13, 2014. Paranavitane is also currently responsible for IT operations at Singer Asia and is a Vice President of Singer Asia for Information Services. In December 1998, Paranavitane resigned from the Singer Group in order to pursue an employment opportunity in the United States. After working overseas for a year, he returned to Sri Lanka, rejoining the Singer Group as Deputy Director - Information Technology. His career progression continued with a subsequent promotion in January 2005 to the position of Director - Information Technology.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 7, 2015
83.55% Stake in Singer Industries Ceylon PLC And 58.29% Stake in Regnis Lanka Plc
 

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