Business
Exterminators to list on the Colombo Stock Exchange
Sri Lanka’s premier environmental enhancement solutions provider announces that the company is planning to list on the Colombo Stock Exchange, subject to obtaining relevant regulatory approvals in the near future.
Exterminators is Asia’s 1st carbon neutral pest control service provider and believed to be the world’s 1st carbon neutral disinfection service provider, winner of 57 national and nternational awards and the eight-time champion SME brand in Sri Lanka. Since 1998 Exterminators as a brand has helped prevent diseases, control nuisances and protect homes and businesses. Exterminators provides integrated pest management, termite management, mosquito management, disinfection and sanitation services.The company is the local distributor for one of the world’s leading environmental brands manufacturer Pelsis-UK for over a decade and distributes a wide range of premier environment enhancement brands such as electric fly killers, non-chemical bird control, rodent control and mosquito control.
The company plans to offer a 20% equity stake to the general public via the IPO. The funds will be mainly utilized to expand its branch network, invest in novel application equipment, technology and in non-chemical energy saving environmentally sustainable brands. Manager to the Issue of the IPO will be Atarah Capital Partners. The company’s revenue grew by 17% FY 20-21 and PAT by 133% even during the current COVID-19 pandemic. The revenue is expected to grow by 12% and PAT by 85% in the FY 21-22. In 2014, the company launched the Pest Mac mobile app. In early 2020, the company launched Exterminators E-Connect Customer Web Portal in collaboration with a US based software company to optimize productivity and to create a paperless environment.
Exterminators is Sri Lanka’s 1st ISO 9001, ISO 14001, ISO 45001 & COVID-19 SLS certified pest control company and Sri Lanka’s 1st licensed disinfection and sanitation services provider and probably the world’s 1st ISO 9001, ISO 14001, ISO 45001, ISO 22000 certified COVID-19 disinfection service provider. In July 2020, the company was certified as Sri Lanka’s 1st SME business to be receive the COVID-19 SLS certification from the Sri Lanka Standards Institute. The company is Asia’s 1st and among the few pest control companies in the world to be certified as a ‘Great Place to Work’.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
