About the company:
Established: 1992 Quoted Date: 1998-03-25 Sector: Plantations
Hapugastenne Plantations PLC (HPPLC) is a Sri Lanka-based company engaged in the cultivation, manufacture and sale of tea, rubber and other agricultural produce. The Company's plantations are situated in the planting districts of Ratnapura, Badulla and Monaragala. During the year ended December 31, 2013, the Company produced 8 million kilograms of tea and 1 million kilograms of rubber.
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.
As of the same date, HPPLC had two subsidiaries within the group, the Company has 54% holding of Newburgh Green Teas (Private) Limited engaged in manufacturing and sale of Green Tea and 51% holding of Finwood Lanka (Private) Limited which has ceased its operations since 31st December 2011 and a special resolution has been passed by its shareholders on 30th December 2013 for a reduction of capital to zero.
Board of Directors:
Mr E.R.Croos Moraes
Company Financial at a glance:
Notes:
1. 20,000,000 Ordinary Shares of the Company were allotted on 18th August 2000, pursuant to a 1:1 Rights Issue @ Rs. 10.00.
2. On January 1, 2001 Debentures to the value of Rs. 150 million were converted to 6,315,789 ordinary shares at the par value of Rs. 10 plus a premium of Rs. 13.75.
Chairman: Mr N.K.H. Ratwatte
Mr E.R.Croos Moraes
Mr M. Vamadevan
Mr J.M. Rutherford (Non-Executive Director)
Mr J. Molligoda
Mr R.J Mathison
Mr D.H. Madawala
Mr R.A.D.R. Ramanayake
Mr A.N. Wickramasinghe (Non-Executive Director)
Mr S.C. Swire (Non-Executive Director)
52 Weeks Low: 26.30 52 Weeks High: 38.00
Average Trading Volume: 344
Company Financial at a glance:
Notes:
1. 20,000,000 Ordinary Shares of the Company were allotted on 18th August 2000, pursuant to a 1:1 Rights Issue @ Rs. 10.00.
2. On January 1, 2001 Debentures to the value of Rs. 150 million were converted to 6,315,789 ordinary shares at the par value of Rs. 10 plus a premium of Rs. 13.75.
Total shares in Issue: 46,315,789
Top 20 Shareholders as at 31/03/2014
The percentage of Shares held by the Public as at 31st March 2014 was 8.17%.
The percentage of Foreign Holding as at 31st May 2014 was 23.43%
No comments:
Post a Comment