![]() Logo of Softlogic Holdings | |
Company type | Public |
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CSE: SHL.N0000 | |
ISIN | LK0386N00009 |
Industry | Conglomerate |
Founded | 1998 |
Founder | Ashok Pathirage |
Headquarters | , Sri Lanka |
Key people | Ashok Pathirage (Chairman) |
Products | |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owners |
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Number of employees | 11,092 (2023) |
Website | www |
Footnotes /references [1] |
Softlogic Holdings PLC is a diversified conglomerate in Sri Lanka engaged in ICT, healthcare, retail, financial services, automobiles and leisure. [2] [3]
Softlogic began as a software development company in 1991 by Ashok Pathirage and twelve employees. [4] The company later successfully obtained the Dell authorised distributorship in Sri Lanka. Softlogic ventured into the telecommunications sector with a partnership with Dialog Axiata offering corporate and individual Dialog GSM packages. Pathirage who realised the potential of mobile communications acquired the national dealership of Nokia in the year 2000. [3] [5] Softlogic went through a period of aggressive growth between 2006 and 2009 where they entered the retail sector with the acquisition of Uni Walkers (Pvt) Ltd. Softlogic which had begun to diversify entering retail and lifestyle sectors opened furniture stores and showrooms islandwide. Softlogic became the authorised dealer for Panasonic, Samsung, Nokia, Dell, Apple, Candy, Russell Hobbs, Kelvinator adding the brand names within its fold of Consumer Electronics. The branded apparel sector was also growing with the authorised distributor status for the jeanswear brand ‘Levis’ in 2009. [3]
Later Softlogic acquired and renovated Ceysands Hotels and Resorts jointly with Centara chain of Hotels. They also acquired Asiri group of hospitals as well as a large stake in the retail chain ODEL and built a 5-star 24-storey hotel with Movenpick in Colombo. [3] [6] [7] [8]
Softlogic Holdings is represented in the healthcare sector by Asiri Health chain of hospitals. [9] [10]
Odel is a public retail company, the first in Sri Lanka. Starting out as a single company focusing on the retail garment trade, Odel developed over the years to become the first department store in the country.
Sri Lanka has a free and universal health care system. It scores higher than the regional average in healthcare having a high Life expectancy and a lower maternal and infant death rate than its neighbors. It is known for having one of the world's earliest known healthcare systems and has its own indigenous medicine system.
John Keells Holdings PLC (JKH) is one of the largest conglomerate companies in Sri Lanka. From managing hotels and resorts in Sri Lanka and the Maldives to providing port, marine fuel and logistics services to IT solutions, manufacturing of food and beverages to running a chain of supermarkets, tea broking to stock broking, life insurance and banking to real estate, the Group of companies has made its presence felt in virtually every major sphere of the economy.
Aitken Spence PLC is a Sri Lankan blue chip conglomerate with operations in South Asia, Middle East, Africa and Pacific. Listed on the Colombo Stock Exchange since 1983, it has major interests in hotels, travel, maritime services and logistics. The group also has a significant presence in printing, plantation, power generation, financial services, IT, Business Process Outsourcing/Knowledge Process Outsourcing sector, elevator agency services, garments, and property development.
Otara Gunewardene is a Sri Lankan entrepreneur, animal welfare advocate, conservationist and philanthropist. She is the founder of ODEL, Embark and Otara Foundation.
LAUGFS Holdings Limited
Lanka IOC PLC is a subsidiary of Indian Oil Corporation which operates retail petrol and diesel stations in Sri Lanka. LIOC is Sri Lanka's only private sector organisation retailing fuels with an island-wide distribution network of 213 retail outlasts. Its headquarters in the Colombo City, Colombo.
One Galle Face is a mixed-use complex of buildings near the Galle Face Green in Colombo, Sri Lanka. It is also Sri Lanka's first internationally and developed and managed mixed use project and was officially opened on 8 November 2019. The facility consists of four skyscrapers, one which will be open for businesses to set up offices, two for the residential component, and the fourth as part of a hotel. A shopping mall is also part of the project. The premises in its entirety is owned by Shangri-La.
JAT Holdings PLC is a Sri Lanka based multinational paint company headquartered in Thalawathugoda, Sri Lanka. The company is engaged in the business of manufacturing, selling and distribution of paints, wood coatings and products related to the retail and industrial sectors. As of 2016, it has the largest market share with 75% in the Sri Lankan paint industry.
Colombo Strikers, formerly known as Colombo Stars and Colombo Kings, is a franchise Twenty20 cricket team based in Colombo, Sri Lanka, that competes in the Lanka Premier League. In the inaugural season, Murfad Mustafa was the owner of the franchise. The team was supposed to be coached by former Australian cricketer Dav Whatmore. However he pulled out ahead of the 2020 Lanka Premier League for personal reasons and was replaced by former English cricketer Kabir Ali. Kabir Ali was again replaced by Herschelle Gibbs after he tested positive for COVID-19. Angelo Mathews was announced as the icon player and Andre Russell was named as the marquee foreign player.In June 2021, Sri Lanka Cricket (SLC) terminated the franchise ahead of the 2021 Lanka Premier League, due to financial issues.
C T Holdings PLC, formerly known as Ceylon Theatres Limited, is an investment holding company and one of the largest conglomerates in Sri Lanka. The company was incorporated in 1928 by Chittampalam A. Gardiner and quoted on the Colombo Stock Exchange ever since. In 2019, Brand Finance ranked C T Holdings eighth amongst the most valuable conglomerates in Sri Lanka with a brand value of LKR18,981 million. C T Holdings also ranked eighth in the LMD 100, a list of leading listed companies in Sri Lanka by the business magazine, LMD. The company holds a 71% stake in Sri Lanka's largest food company, Cargills (Ceylon).
Cinnamon Hotels & Resorts is a Sri Lankan luxury hotel chain brand.
John Keells Hotels PLC is a hotel holding company in Sri Lanka. John Keells built its first resort in 1973 in Habarana. John Keells' hotel management company operated under several names. In the 1970s, the company was known as Walkers Tours Hotels. Then in the 1980s, it was known as simply Hotel Management & Marketing Services, and finally, in the 1990s, the company became to known as John Keells Hotels. John Keells ventured into the Maldives in 1996 with the acquisition of Velidhu Resort Hotel. In 2004, the hotel chain underwent a major restructuring. All resorts were brought under John Keells Hotels Limited, and the company was listed on the Colombo Stock Exchange.
Cinnamon Lakeside Colombo, trading as Trans Asia Hotels PLC, is a five-star luxury hotel located in Colombo, Sri Lanka. The hotel is listed on the Colombo Stock Exchange and John Keells Holdings owns a stake of 92% of the company's shares, 48% directly and 43% through its subsidiary Asian Hotels and Properties PLC. Cinnamon Lakeside Colombo has 346 rooms including 20 suites.
Mövenpick Hotel Colombo is a five-star luxury hotel in Colombo, Sri Lanka. The hotel is part of the hotel chain brand Mövenpick Hotels & Resorts and is owned by the Sri Lankan conglomerate, Softlogic Holdings. It is the first hotel to be launched in Colombo in 25 years. The hotel is 24-storey high and includes 219 rooms.
Sunshine Holdings PLC is a Sri Lankan conglomerate holding company that is engaged in the healthcare, consumer goods and agribusiness sectors. Sunshine Holdings was incorporated on 16 June 1973, and listed on the Colombo Stock Exchange in 1983. Sunshine Holdings ranked 45th in LMD 100, a list of quoted companies in Sri Lanka by revenue in the 2020/21 edition.
Asiri Hospital Holdings PLC, doing business as Asiri Health, is the largest private healthcare provider in Sri Lanka. The company commenced operations in 1986 and was listed on the Colombo Stock Exchange in the same year. Asiri Hospitals operate six hospitals and collectively has over an 800-bed capacity. Softlogic Holdings is the parent company of Asiri Hospitals group. Asiri Hospital Holdings ranked 57th in the LMD 100, an annual list of listed companies by revenue, in the 2020/21 edition.
Ceylon Hotels Corporation PLC, often called Ceylon Hotels, is a hospitality company in Sri Lanka. The company was incorporated through an Act of the Parliament of Ceylon in 1966. The company was listed as a public company in the following year. Ceylon Hotel Holdings, a subsidiary of Galle Face Hotels Group is the holding company of Ceylon Hotels Corporation. Ceylon Hotels' subsidiary, Kandy Hotels Company owns and operates the Queen's Hotel and the Hotel Suisse heritage hotels.