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Sunday, 03 July 2016

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Ceylon Cold Stores opens trading for July

CSE Bell-ringing ceremony:

Ceylon Cold Stores (CCS) rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) on Friday, the first day of the month.

Directors Ajit Gunewardene and Ronnie Peiris, President of the Consumer Foods Sector of JKH and Director Jit Gunaratne, CFO, Sanjeewa Jayaweera, Head of Beverages, Daminda Gamlath and Head of Supply Chain Management Sanjeewa Jayasundara represented CCS.

The CSE was represented by Chairman, Vajira Kulatilaka, CEO, Rajeeva Bandaranaike and the management. Chairman, CSE, Vajira Kulatilaka said, “Bell-ringing events are organized at the start of every month to serve as a platform to generate exposure for listed companies and we are pleased to host CCS to open trading for the month of July”

“Elephant House is a household brand in Sri Lanka, a brand that we have lived with over the years and one that we will continue to live with. It is certainly pleasing to see how the brand has developed over the years.

I would like to thank CCS for the support the company has shown towards the Sri Lankan capital market and wish the company continued success,” he said.

CCS Director Ajit Gunewardene said, “CCS was founded in 1866 and this year happens to be our 150th anniversary. 150-years-old but actually exceedingly young, because we are today still an iconic brand and we remain leaders in the market after 150 years.”

“We are competing with multinationals and other long standing establishments and the three key verticals that we are involved in are world class.

That is something that all companies listed on the CSE should strive to be. It is the only way you can sustain yourself and continue to add value to your stakeholders,”he said.

“Having listed at the CSE in 1970, CCS is looked to be synonymous with good governance, sustainability and robust performance, and is a strong believer of creating value for all stakeholders.

A host of common threads and shared beliefs stemming from the corporate vision and values of JKH are firmly entrenched within the company’s DNA, facilitating long-term, sustainable value creation for all connected parties and society,” Gunewardene said. Founded as the Colombo Ice Company, which imported and used the country’s first ice making machine.

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