The market opening ceremony was organized to mark the first trading day for the month of July.
Directors Mr. Ajit Gunewardene and Mr. Ronnie Peiris, President of the Consumer Foods Sector of JKH & Director Mr. Jit Gunaratne, CFO Mr. Sanjeewa Jayaweera, Head of Beverages Mr. Daminda Gamlath and Head of Supply Chain Management Mr. Sanjeewa Jayasundara represented CCS at the ceremony.
The CSE was represented by Chairman Mr. Vajira Kulatilaka, CEO Mr. Rajeeva Bandaranaike and the management.
Speaking at the event, Mr. Vajira Kulatilaka, the Chairman of CSE stated “These bell-ringing events are organized at the start of every month to serve as a platform to generate exposure for listed companies and we are pleased to host CCS to open trading for the month of July.
Elephant House is a household brand in Sri Lanka, a brand that we have lived with over the years and one that we will continue to live with.
It is certainly pleasing to see how the brand has developed over the years.
I would like to thank CCS for the support the company has shown towards the Sri Lankan capital market and wish the company continued success.”
Making remarks on behalf of CCS, Director Mr. Ajit Gunewardene said, “CCS was founded in 1866 and this year happens to be our 150th anniversary.
150 years old but actually exceedingly young, because we are today still an iconic brand and we remain leaders in the market after 150 years.
We are competing with multinationals and other long standing establishments and the three key verticals that we are involved in are world class.
That is something that all companies listed on the CSE should strive to be.
It is the only way you can sustain yourself and continue to add value to your stakeholders.”
“Having listed at the CSE in 1970, CCS is looked to be synonymous with good governance, sustainability and robust performance, and is a strong believer of creating value for all stakeholders.
A host of common threads and shared beliefs stemming from the corporate vision and values of JKH are firmly entrenched within the company’s DNA, facilitating long-term, sustainable value creation for all connected parties and society.” Mr. Gunewardene added.
Founded as the Colombo Ice Company, which imported and used the country’s first ice making machine, the CCS moved on to build cold storage for frozen products of all kinds and introduced Aerated Water with the distinctive “Elephant” trademark on the bottles, which remained a popular household name for the brand.
For over one hundred and fifty years, CCS has expanded and refined a range of popular soft drinks and ice cream products that are sold across the island today.
CCS is a subsidiary of John Keells Holdings PLC (JKH) and is driven by a team of 3,370 high performing employees.
The Company’s retail arm, Jaykay Marketing Services (Pvt) Ltd operates the Keells Supermarkets chain, which through its network of 50 branches has redefined modern trade industry standards in customer convenience and service quality.
About CSE
The Colombo Stock Exchange (CSE) operates the only stock market in Sri Lanka and is responsible for providing a transparent and regulated environment where companies and investors can come together.
The CSE is a company that is limited by guarantee established under the Laws of Sri Lanka.
The CSE is licensed by the Securities and Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15 Members and 20 Trading Members.
All Members and Trading Members are licensed by the SEC to operate as Stockbrokers.
For more information, please visit: www.cse.lk.
Photograph (L-R) CSE CEO Mr. Rajeeva Bandaranaike, CCS Director Mr. Ronnie Peiris, CCS Director Mr. Ajit Gunewardene, CSE Chairman Mr. Vajira Kulatilaka, President of the Consumer Foods Sector of JKH & CCS Director Mr. Jit Gunaratne, Head of Beverages of CCS Mr. Daminda Gamlath, CCS CFO Mr. Sanjeewa Jayaweera and Head of Supply Chain Management at CCS Mr. Sanjeewa Jayasundara