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| Sunday, 23 January 2005 |
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Business |  |
| News Business Features Editorial
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Aban Pestonjee receives 'Kotra' plaque Mrs. Aban Pestonjee, Chairperson and Managing Director, Abans Group of Companies was given a special award of appreciation for outstanding contribution for forging economic ties between the Democratic Socialist Republic of Sri Lanka and the Republic of Korea, Mr. Young-Kyo Oh, President and CEO of the Korean Trade Investment Promotion Agency presented the plaque to her at a ceremony held recently. Abans, founded by Mrs. Pestonjee, having started in a small corner shop giving new life to defunct electronic and home appliances, is now a major player in the market today. Associated with world's best brands in this category, the Company is expanding with diversified portfolios and nationwide expansion. Mrs. Pestonjee, the vital force behind this gigantic organization, weathering many storms and challenges, has set an ideal example for the young who aspire to be successful businessmen and women. The association between Abans and Korean enterprise dates back to more than a decade. One could say that Mrs. Pestonjee, is one of the first entrepreneurs who first brought Korean technology to the Sri Lankan consumer. Today, Abans brings in LG Refrigerators, Washing Machines, Airconditioners, TVs, Audio/Video Systems, Home Theatre Systems, Handheld Phones etc., all of which rank among the best in the world, from Korea. Thanks to the close co-operation between Abans and its Korean partners, many Korean products have become part of the daily lives of thousands of Sri Lankans islandwide. |
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