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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
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Ravi sets stage for succession at Cargo Boat Development EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
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» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
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» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
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» SEYB.N0000 (Seylan Bank PLC)
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» The Korean Way !
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» In the Meantime Within Our Shores!
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» SRI LANKA TELECOM PLC (SLTL.N0000)
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» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
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» Equinox ( වසන්ත විෂුවය ) !
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» COMB.N0000 (Commercial Bank of Ceylon PLC)
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» REXP.N0000 (Richard Pieris Exports PLC)
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» RICH.N0000 (Richard Pieris and Company PLC)
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» Cboe Volatility Index
Ravi sets stage for succession at Cargo Boat Development EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Ravi sets stage for succession at Cargo Boat Development EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
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» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
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» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
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» Bitcoin and Cryptocurrency
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» CSD.N0000 (Seylan Developments PLC)
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» PLC.N0000 (People's Leasing and Finance PLC)
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» Bakery Products ?
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» NTB.N0000 (Nations Trust Bank PLC)
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» Going South
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» When Seagulls Follow the Trawler
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» Re-activating
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» අපි තමයි හොඳටම කරේ !
Ravi sets stage for succession at Cargo Boat Development EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Ravi sets stage for succession at Cargo Boat Development EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Ravi sets stage for succession at Cargo Boat Development EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Ravi sets stage for succession at Cargo Boat Development EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Ravi sets stage for succession at Cargo Boat Development EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Ravi sets stage for succession at Cargo Boat Development EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Ravi sets stage for succession at Cargo Boat Development EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
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» WATA - Watawala
Ravi sets stage for succession at Cargo Boat Development EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Ravi sets stage for succession at Cargo Boat Development EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Ravi sets stage for succession at Cargo Boat Development EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Ravi sets stage for succession at Cargo Boat Development EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Ravi sets stage for succession at Cargo Boat Development EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Ravi sets stage for succession at Cargo Boat Development EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Ravi sets stage for succession at Cargo Boat Development EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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3 posters

    Ravi sets stage for succession at Cargo Boat Development

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    Ravi sets stage for succession at Cargo Boat Development Empty Ravi sets stage for succession at Cargo Boat Development

    Post by First Guy Mon Aug 25, 2014 7:22 am

    Business leader Ravi Thambiayah has set the stage for eventual succession at the family-controlled Cargo Boat Development Company Plc.
    Last week Ravi retired as the Managing Director of the company whilst retaining the Chairmanship.

    Daughter Niruja has been appointed as the new Managing Director whilst Mrs. Thambiayah has been appointed as Deputy Chairman. Both were previously serving on the Board as Directors.

    Family-held Lancaster Holdings Ltd. and Renuka Properties Ltd. own a 52% stake in real estate, property development and investment holding Cargo Boat Development, whilst Associated Electrical Corp holds 10.7% and J.B. Cocoshell holds 7.5%.

    Niruja Thambiayah holds a Bachelor of Arts in Industrial Economics from the University of Nottingham, UK and a Master in International Business from Monash University, Australia. She has also obtained a Certificate IV in Property Services from the Real Estate Institute of Victoria. She has worked at Asia Securities Ltd. for two years as an Investment Advisor and she has also worked at Monash University Australia in the office of the Deputy Vice Chancellor as a Project Officer.
    She was appointed to the Cargo Board Development Board on 6 July 2010.

    Niruja is one Thambiayah’s three daughters, the other two being Shibani and Arnila, who also serve Cargo Boat Development Board.
    In March 2010, Ravi appointed Shibani and Arnila as Joint Managing Directors of Renuka City Hotels Plc, and Renuka Hotels Ltd., whilst Niruja also serves on these boards.

    Following the changes the Board of Directors of Cargo Boat Development Company Plc comprises R.B. Thambiayah (Chairman), N.A. Thambiayah (Deputy Chairman), N.R. Thambiayah (Managing Director), Merrill J. Fernando, M.A. Jayawardena, S.R. Thambiyah, R.S. Tissanayagan, C.S. Wijeyeratne and A.L. Thambiayah.

    http://www.ft.lk/2014/08/25/ravi-sets-stage-for-succession-at-cargo-boat-development/
    avatar
    knockknobbler
    Top contributor
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    Posts : 73
    Join date : 2014-02-23

    Ravi sets stage for succession at Cargo Boat Development Empty Re: Ravi sets stage for succession at Cargo Boat Development

    Post by knockknobbler Mon Aug 25, 2014 9:43 am

    I wonder ....whether this is a public company ?

    Seems like a family  enterprise. Can't understand why people are interested / buying shares in these entities ?
    avatar
    jiggysaurus
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    Posts : 548
    Join date : 2014-07-09

    Ravi sets stage for succession at Cargo Boat Development Empty Re: Ravi sets stage for succession at Cargo Boat Development

    Post by jiggysaurus Mon Aug 25, 2014 1:38 pm

    Second level of the stingyaiahs are stepping up. Don't know if they are also stingy like the father.

    Or maybe Miss Niruja> Mrs Adams? Arty bachelor very powerful.

      Current date/time is Sun Jul 14, 2024 10:28 am