Search results
Oct 13, 2020 · Funding, Valuation & Revenue. Saadia Group has raised $25M over 1 rounds. Saadia Group's latest funding round was a Line of Credit for $25M on October 13, 2020. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. You're one click away from the most ...
Stage. 1. Debt - Acquisition. 13-Oct-2020. $25M. Completed. Generating Revenue. To view Saadia Group’s complete valuation and funding history, request access ».
3 days ago · Daily Price Report. Daily Price Report describes the day’s price developments of selected key consumer items in key markets that have significant impact in determination of the general price levels of the respective consumer items. . Filter by Year :
- For year ended 31st March,
- Principal Activities and Business Review
- Accounting Policies
- Revenue
- Employment Policy
- Shareholders
- Statutory Payments
- Environmental Protection
- Internal Control
- Going Concern
- Corporate Governance
- Board Composition
- Corporate Governance
- Appointments to the Board
- Re-election of Directors
- Decision Making of the Board
- Board Responsibilities
- Board Meetings
- Financial Acumen
- Financial Reporting and Disclosures
- Remuneration Committee
- Legal Requirements
- ADHERENCE TO THE CORPORATE GOVERNANCE RULES OF THE COLOMBO STOCK EXCHANGE FOR LISTED COMPANIES
- Risk Management Report
- Operational Risk
- Legal and Compliance
- Financial
- Focus of Audit Committee
- Composition
- Presentation of Financial Statements
- Internal Control & Risk Management
- Regulatory Compliance
- Independence of External Auditors
- Conclusion
- Related Party Transactions Review Committee Report
- Composition
- Policies And Procedures
- Conclusion
- Basis for Opinion
- Key Audit Matters
- Independent Auditors’ Report
- Responsibilities of Management and Those Charged with Governance for the Financial Statements
- Auditor’s Responsibilities for the Audit of the Financial Statements
- Report on Other Legal and Regulatory
- Non - Current Assets
- Current Assets
- Equity
- Non-Current Liabilities
- Current Liabilities
- Adjustments for :
- Cash used in Operating activities
- CASH FLOWS FROM INVESTING ACTIVITIES
- Net Cash Flows Generated from / (Used in) Investing Activities
- Basis of Measurement
- Fair Value
- 3 FUNCTIONAL AND PRESENTATION CURRENCY
- 4 USE OF ESTIMATES AND JUDGMENTS
- 6 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
- Classification and subsequent measurement
- Financial assets - Business model assessment
- Financial assets -Assessment whether contractual cash flows are solely payments of principal and interest
- 6.3.1 Financial liabilities
- Offsetting
- Non-derivative financial assets
- Measurement of ECLs
- Credit-impaired financial assets
- Non-financial assets
- 6.4 Provisions
- Dividends
- Others
- Expenditure
- Finance income and finance costs
- 6.9 Income tax
- Current tax
- Deferred tax
- Cash and cash equivalents
- Stated capital
- Leases
- 6.13 Statement of cash flows
- 6.14 Related Party Transactions
- 6.15 Events Occurring After Reporting Period
- 6.16 Earnings per Share
- 8 (IMPAIRMENT)/REVERSAL OF IMPAIRMENT OF FINANCIAL ASSETS MEASURED AT AMORTISED COST
- Interest income under the effective interest method on:
- Dividend income:
- 10 PROFIT BEFORE TAX
- Non-current investments
- Category
- OTHERS
- Favourable balances
- CASH AND CASH EQUIVALENTS
- Loans to Key Management Personnel
Finance Income Profit before Tax Income Tax Expense Profit for the year
The principal activity of the Company is Real Estate Development. The Chairman’s Review, together with the Financial Statements reflects the state of affairs of the Company. The Directors to the best of their knowledge and belief confirm that the Company has not engaged in any activities that contravene laws and regulations of the country.
The Company has prepared the accounts in accordance with the new SLFRSs/LKASs issued by the Institute of Chartered Accountants of Sri Lanka. Interest Register
There was no revenue generated by the Company during the last consecutive years.
The Company does not employ any staff. All operational services are provided by Corporate Managers & Secretaries (Private) Limited.
It is the Company’s policy to endeavor to ensure equitable treatment to its shareholders.
The Directors, to the best of their knowledge and belief, are satisfied that all statutory payments due to the Government have been paid or where relevant, provided.
The Company’s business activities can have direct and indirect effects on the environment. Therefore, it is the Company’s policy to minimise any adverse effects its activities have on the environment and to promote co-operation and compliance with the relevant authorities and regulations. We confirm that the Company has not undertaken any activitie...
The Board periodically reviews and ensures the maintenance of a comprehensive system of internal controls required to carry on the business in an orderly manner, safeguard assets and secure as far as possible the accuracy and reliability of the financial records of the Company.
The Board of Directors are satisfied that the Company has adequate resources to continue its operations in the foreseeable future to justify the going concern basis adopted in preparing these Financial Statements. For and on behalf of the Board, S. D. R. Arudpragasam S. Shanmugalingam Chairman Director By Order of the Board,
Corporate Governance ensures fairness, transparency and integrity of the Management. Corporate Governance is the culture of the Company, rather than a mere legal compulsion. It further inspires and strengthens investor conidence and commitment to the Company. The Company through its Board and Committees, endeavours to strike and deliver the highest...
The Board consists of eight Non-Executive Directors who possess expertise in finance, corporate management and the hospitality trade. Of the eight Directors, four Directors are Independent Non-Executive Directors. The Details of the present Directors are given below.
Mr. G.D.V. Perera is a Director of several subsidiaries of the Parent Company, The Colombo Fort Land & Building PLC and has served for more than nine years on the Boards of certain subsidiary companies. He currently has a material business relationship with a subsidiary of the Parent Company. He has served on the Boards of some companies of which a...
There is a formal and transparent procedure for the appointment of new Directors to the Board which is in accordance with the Articles of Association of the Company and also in compliance with the Best Practices on Corporate Governance. The Board as a whole annually assesses the Board-composition to ascertain whether the combined knowledge and...
In terms of the Articles of the Association any Director appointed by the Board holds ofice until the next Annual General Meeting at which he seeks re-election by the Shareholders. The Articles of Association require one of the Directors in ofice to retire at each Annual General Meeting. The Director to retire in each year is who has been longest i...
All the Directors are responsible for proper direction of the Company and to ensure the success of the business from year to year. The Board is always equipped with the relevant information necessary for decision making.
Formulation of short and long term strategies towards sustainable growth. Enhancing shareholder value. Identifying principal risks of the business. Overseeing systems of internal control. Approval of interim and annual financial statements. Ensuring compliance with laws and regulations. Authorising all material contracts, and a...
At Board Meetings, Company performance and the business strategies are reviewed and monitored. In addition to Board meetings decisions are approved by Resolutions in writing.
During the financial year the Board comprised of four Finance Professionals who possess the knowledge to offer the Board the necessary guidance on matters of finance.
The Board of Directors ensure disclosure of all material and price sensitive information which are important to the shareholders. The Directors have taken necessary steps in presenting a sincere and balanced assessment of results in the Quarterly and Annual Financial Statements. Corporate Governance
All members of the Board are Non-Executives to whom Directors’ fees are paid. Further, the Company does not employ a Chief Executive Oficer or a Chief Financial Oficer and all managerial and secretarial services are provided by Corporate Managers and Secretaries (Private) Limited to whom a fee is paid. The Remuneration Committee comprises of ...
The Board is aware of its responsibility to the Shareholders, the Government and the Society in which it operates and is explicitly committed to upholding ethical behaviour in conducting its business. The Company obtains legal advice from appropriately qualified and experienced legal professionals on a timely basis.
Corporate Governance Corporate Governance Corporate Governance Corporate Governance Corporate Governance Corporate Governance Corporate Governance Corporate Governance
Risk management is an important function of York Arcade Holdings PLC. Our corporate strategies have enabled us to identify risk associated with our corporate objectives. It is important to identify risks that may prevent a business from realizing its potential and to manage them in order to minimize adverse as well as maximize positive outco...
Operational risk relates to the effectiveness of our people, integrity of our internal systems and processes as well as external events that affect the operation of our businesses. It includes quality of the maintenance and ancillary services, business disruption, human resources and reputation.
Legal and compliance risk relates to changes in the Government and regulatory environment, compliance requirements with policies and procedures, including those relating to financial reporting, environmental health and safety, and intellectual property risks. Government and regulatory risk is the risk that the Government or regulatory authorities w...
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
No loans have been given to Key Management Personnel during the year.
Rank Name Financial statistics in millions LKR Industry Revenue Profit Assets Market Cap. 1 Hayleys PLC: 241,276 14,046 279,383 45,600 Conglomerate
Conglomerates in Sri Lanka | Investments in Sri Lanka. Home; About Us. ... 2020-21. Download Annual Report. ... 2014-15. Download Annual Report.
The Lanka Hospitals Corporation: 22,351: 0.63 Health Care Equipment and Services: 1997 [39] Teejay Lanka: 22,147: 0.62 Consumer Durables and Apparel: 2000 [40] Brown and Company: 21,422: 0.60 Capital Goods: 1892 [41] Dilmah Ceylon Tea Company: 20,986: 0.59 Food, Beverage and Tobacco: 1981 [42] Sunshine Holdings: 20,909: 0.59 Food, Beverage and ...
