Delmege Forsyth to list in CSE
H.D.H Senewiratne
Delmege Forsyth and Company Limited will go for listing in the
Colombo Stock Exchange (CSE) in the future to raise funds for the
company to expand its operation, its Group Managing Director Channa de
Silva said.
"The company's presence in all key sectors positions Delmege as a
rapidly growing conglomerate in the country, expanding its business in
this important and crucial year," de Silva said at a function where the
company was appointed as the exclusive distributor of "Berri" by Lion
Australia Ltd.
He said the company is a conglomerate with a rich history of over 150
years and renowned name in the food and beverage sector in addition to
its presence in other sectors such as medical equipment, pharmaceutical,
shipping and freight forwarding, interior and lifestyle products, along
with insurance, travel and export sectors. He said the company's passion
is to do everything differently and exclusively to achieve the top
market position in all sectors of business the company is involved in.
Therefore, the company always kept confidence on human resource and
recruited top persons in excels in different field to be great company
in the country. Australian High Commissioner Robyn Mudie said at the
function that trade and investment with Sir Lanka is growing
significantly and amounts to 339 million Australian dollars. Sri Lanka "Berri"
consists of an outstanding range of 100 percent natural fruit juice with
a great variety of several flavors, she said.
The Group CEO Nuwan Wimalana said that the company is currently
dealing with more than 40,000 retails shops in the country and planning
to increase number of retail outlets to 80,000 outlets before the end of
this year. The history of Delmege Forsyth & Co. Ltd goes back to the
year 1850, when Alexander Reid established as a merchant in Pedlar
Street Galle. In 1865, the brothers Delmege, (Sam and Toby) arrived in
Ceylon and went into partnership with James Reid who succeeded
Alexander, setting up offices in Colombo and Galle. |
