Established: 1992 Quoted Date: 1998-05-04 Sector: Plantations
Udapussellawa Plantations PLC is a Sri Lanka-based company mainly engaged in the cultivation, manufacture and marketing of tea, rubber and forestry produces, operating mainly in the Central Province of Sri Lanka. As of December 31, 2013, the Company's parent undertaking was James Finlay Plantation Holdings (Lanka) Limited, and its ultimate parent undertaking and controlling party was John Swire & Sons Limited, which was incorporated in England.
Chairman: Mr N.K.H. Ratwatte
Mr E.R.C. Moraes
Company Financial at a glance:
1. 7,600,000 Ordinary Shares of the Company were allotted on 18th August 2000, pursuant to a 4:5 Rights Issue @ Rs. 12.50.
2. On January 1, 2001 Debentures to the value of Rs. 150 million were converted to 2,298,850 ordinary shares at the par value of Rs. 10 plus a premium of Rs. 55.25.