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Monday, 5 May 2014
Company Fact Sheet: Dankotuwa Porcelain PLC - DPL:N0000
About the company:
Established: 1984 Quoted Date: 1995-02-21 Sector: Manufacturing
Dankotuwa Porcelain PLC a Sri Lanka-based company engaged in manufacturing and marketing of porcelain tableware targeted to export and domestic markets. The products offered by the Company can be divided into decorated ware and white ware. Effective December 31, 2013, Dankotuwa Porcelain PLC a unit of Lionhart Investments Ltd's Environmental Resources Investment PLC's subsidiary acquired 76% interest in Royal Fernwood Porcelain Ltd.
Chairman: Mr R.N. Asirwatham (Independent Non Executive Director)
Deputy Chairman: Mr E. Wikramanayake (Non Executive Director)
Deputy Chairman: Mr E. Wikramanayake (Non Executive Director)
Cheif Executive Officer: Mr K.S. Mallawa Arachchi
Board of Directors:
Mr A.G. Weerasinghe (Non-Executive Director)
Mr M. Boyagoda (Independent Non-Executive Director)
Mr R. Sugathadasa (Non-Executive Director)
Mr T. Scanlan
52 Weeks Low: 9.90 52 Weeks High: 19.20
Average Trading Volume: 38,750
Click Table to Enlarge
Total Voting shares in Issue: 72,245,742
Notes:
1. 1,464,044 Ordinary Shares of the Company were allotted on 14th May 2008, pursuant to a 1:1 Rights Issue @ Rs. 10.00. (Offered 22,617,870)
2. 48,163,828 Ordinary Shares of the Company were listed on 24th September 2010, by way of a Private Placement.
Top 20 Shareholders as at 31/12/2013
Percentage of public holding as at 31st December 2013 was 33.33%
The percentage of Foreign Holding as at 30th April 2014 was 12.52%
Quote for the day
“Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac’s talents didn’t extend to investing: He lost a bundle in the South Sea Bubble, explaining later, ‘I can calculate the movement of the stars, but not the madness of men.’ If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases.” - Warren Buffett
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