Company Overview and News

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.

Singer Life Style Fiesta 2017

Singer Life Style Fiesta, the flagship event of Singer Sri Lanka opened yesterday at the BMICH. This year’s theme of the exhibition is ‘Live out Your Dream’, and the event will showcase more than 90 new products of different brand categories.  

Mohan Pandithage named new Chairman of Singer Sri Lanka, Dhammika to Co-Chair

2017-10-03 lankabusinessonline
Oct 03, 2017 (LBO) – Sri Lanka’s Singer (Sri Lanka) which was recently acquired by Hayleys Plc has appointed, Mohan Pandithage as Chairman and Dhammika Pandithage as co- Chairman of the company.

Retail Holdings N.V. Announces $9.00 Per Share Distribution

2017-10-02 prnewswire
WILLEMSTAD, Curaçao, Oct. 2, 2017 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) -- Retail Holdings N.V. ("Retail Holdings", together with its subsidiaries and affiliates, the "Company"), announced that the Retail Holdings Board of Directors had approved today an initial 2018 distribution of $9.00 per Common Share to Shareholders of record on January 4, 2018, to be paid on or about January 10, 2018.

Singer Sri Lanka rating unaffected by shareholder change: Fitch

2017-09-20 lankabusinessonline
Sept 20, 2017 (LBO) – Sri Lanka’s Hayleys PLC’s acquisition of a controlling stake in Singer (Sri Lanka) PLC (Singer, A-(lka)/Stable) is neutral for Singer’s rating, Fitch ratings said in a statement.

Sri Lankan Equities Still Attractive Amid Foreign Outflow Blip - Bloomberg

2017-09-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Hayleys to acquire Singer Sri Lanka for Rs.12.5bn

Diversified conglomerate Hayleys PLC, continuing with its buying spree, yesterday struck a mega deal to acquire a 71 percent stake in leading consumer durables retailer Singer (Sri Lanka) PLC (SSL) in a whopping Rs.12.5 billion deal.

Retail Holdings N.V. Announces Sale In Singer Sri Lanka

2017-09-13 prnewswire
WILLEMSTAD, Curaçao, Sept. 13, 2017 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) -- Retail Holdings N.V. ("Retail Holdings", together with its subsidiaries and affiliates, the "Company"), announced today that the Company has entered into an agreement to sell, through the Colombo Stock Exchange, Sri Lanka, approximately 61.7% of the total issued shares in the Company's subsidiary, Singer (Sri Lanka) PLC ("SSL" or "Singer Sri Lanka") to Hayleys PLC, a publicly listed Sri Lanka conglomerate.

Hayleys Group buys 62-pct stake in Singer Sri Lanka

2017-09-13 lankabusinessonline
Sep 13, 2017 (LBO) – Sri Lanka’s diversified Hayleys PLC has entered into an agreement with Retail Holdings (Sri Lanka) BV of Netherlands to purchase 61.73 percent stake in Singer at a price of 47 rupee per share.

Retail Holdings N.V. Announces First Half 2017 Results

2017-08-15 prnewswire
WILLEMSTAD, Curaçao, Aug. 15, 2017 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) -- Retail Holdings N.V. ("Retail Holdings", together with its subsidiaries and affiliates, the "Company") announced today results for the first half of 2017.

Retail Holdings Shares Are A Strong Buy For Patient, Long Term Investors, Trading At A 36% Discount To Intrinsic Value

2017-07-06 seekingalpha
Retail Holdings N.V. (OTCPK:RHDGF), hereafter referred to as REHO, is a Curacao based holdco that is trading on the pink sheets.

Annual Financial Report

2017-06-06 londonstockexchange
The investment objective of the Company is to achieve long-term capital growth from a managed international portfolio of securities. The preservation of capital is of primary importance to the investment objective.

Huawei launches GR5 2017 Premium in Sri Lanka

2017-05-24 lankabusinessonline
(PRESS RELEASE) – Huawei, the leading smartphone brand in Sri Lanka recently introduced the Huawei GR5 2017 Premiumedition to the Sri Lankan public. The new smartphone series showcases a stylish and value packed exterior along with technologically advanced features and functionality. The device optimizes its offerings in the form of a dual-back, professional level camera whilst being friendly to the wallet.

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