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Grand finale of CA Sri Lanka 53rd Annual Report Awards Competition

2017-12-06 lankabusinessonline
Commercial Bank of Ceylon PLC won the coveted ‘Cyril Gardiner Memorial Trophy’ Gold Award for Overall Excellence in Annual Financial Reporting at the grand finale of the 53rd Annual Report Awards Competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

Aitken Spence bags Best Corporate Citizen Sustainability Award 2017

2017-11-29 lankabusinessonline
Nov 29, 2017 (LBO) – Aitken Spence won the coveted ‘Best Corporate Citizen Sustainability Award 2017’ an annual event organized by the Ceylon Chamber of Commerce, the country’s premier business chamber to recognize sustainable champions of the local corporate world.

Access Engineering PLC Re-draws the Capital City’s Skyline with Capital Heights

2017-09-22 lankabusinessonline
(PRESS RELEASE) – Construction of the 242-unit ‘Capital Heights’ luxury apartment project commenced on 18th September 2017,when Blue Star Realties (Pvt) Ltd., a Member of Access Engineering PLC, formally received China State Construction Engineering Corporation Ltd.,(CSCEC) to the site in Buthgamuwa Road, Rajagiriya. (0-1)

Access Engineering invests in Rs10bn mixed development

2017-01-11 lankabusinessonline
Jan 11, 2017 (LBO) – Sri Lanka’s Access Engineering has invested 2.295 billion rupees in a joint venture to build a mixed development project at Colombo 15. (0-1)

Hayleys wins ‘Best Corporate Citizen Sustainability Award 2016’

Hayleys PLC Chairman/CEO Mohan Pandithage receiving the award from Central Bank Governor Dr. Indrajit Coomaraswamy Pic by Damith Wickramasinghe

Access Engineering PLC opens trading at CSE  

2016-11-16 lankabusinessonline
(PRESS RELEASE) – Access Engineering PLC (Access)rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) today. The Bell Ringing ceremony was organized by the CSE as part of a series featuring companies included on the S&P Sri Lanka 20 Index.

Sri Lanka govt approves phase 2 of Central Expressway, only single bidders

2016-11-09 lankabusinessonline
Nov 09, 2016 (LBO) – Sri Lanka’s cabinet has given the nod to build the second section of Central Expressway which runs from Mirigama to Kurunegala for 39.29 kilometers.

ICRA Lanka reaffirms Access Engineering [SL] A+ long-term ratings

2016-09-27 lankabusinessonline
ICRA Lanka Limited, subsidiary of ICRA Ltd, a group company of Moody’s Investors Service, has reaffirmed the Issuer rating of [SL]A+ (pronounced S L A plus1) with stable outlook for Access Engineering PLC (“AEL”/ “the Company”). ICRA Lanka has also reaffirmed the Issue Rating of [SL]A+ for the company’s LKR 5,000 Mn Senior Unsecured Redeemable Debenture programme.

Sri Lanka’s Access Engineering net down 13-pct in June quarter

2016-07-28 lankabusinessonline
July 28, 2016 (LBO) – Profits at Sri Lanka’s Access Engineering group fell 13 percent to 524 million rupees in the June 2016 quarter from a year earlier amid higher expenses, interim accounts showed.

Access Engineering net up 5.1 pct, IPO for SML Frontier planned

2016-07-22 lankabusinessonline
July 22, 2016 (LBO) – Sri Lanka’s Access Engineering said group net profits grew 5.1 percent to 2.46 billion rupees in the year to March 2016, with the civil engineering firm facing a slow down in the global and local economy.

Access Engineering invests Rs800mn in property developer

2016-06-02 lankabusinessonline
June 01, 2016 (LBO) – Sri Lanka’s construction giant Access Engineering has invested 800 million rupees to buy 50 percent stake of a property developer to strengthen its presence in property development sector.

Sri Lanka’s Access Engineering net up in December

2016-02-08 lankabusinessonline
Feb 08, 2016 (LBO) – Sri Lanka’s Access Engineering group, which has interests in construction, real estate and automobiles, said net profits in the December 2015 quarter was slightly up by 2.6 per...

Zacks Industry Outlook Highlights: StanCorp Financial Group, Primerica, GWG Holdings and American Equity Investment Life Holding

2016-01-06 zacks
Zacks Industry Outlook Highlights: StanCorp Financial Group, Primerica, GWG Holdings and American Equity Investment Life Holding

Will Rate Hike Give New Lease on Life Insurers?

2016-01-05 zacks
The long-awaited rate hike decision by the Fed and anticipation of a gradual increase in the target funds rate with a slow-but-steady improvement in the economy got the life insurance industry in gear.

Sun Life: Will Strategic Initiatives Pay Off as Costs Rise?

2016-01-04 zacks
On Jan 4, 2016, we issued an updated research report on Sun Life Financial Inc. (SLF).