News
New Anthoney’s Group strengthens its position with 100pct acquisition of Gold Coin Feed Mills Lanka
New Anthoney’s Farms (Private) Ltd, recently bought 100pct stake in Gold Coin Feed Mills (Lanka) Ltd from Gold Coin Management Holdings Pte Ltd and Glen Arbor Holdings (Singapore) Pte Ltd, both of whom are subsidiaries of Aboitiz Equity Ventures Inc (“AEV”). With this acquisition Gold Coin Feed Mills (Lanka) will now be Anthoney’s Feed Ltd, making New Anthoney’s Group an integrated poultry player with end-to-end supply chain capabilities in Sri Lanka.
With this acquisition New Anthoney’s is now able to control and manage the entire manufacturing process end to end, enabling it to further enhance the quality delivered to its customers and improve production efficiencies. New Anthoney’s is also among the top exporters of poultry products in Sri Lanka and this acquisition directly fits in with the company’s overall objective of accelerating the export growth further, earning valuable foreign exchange to the country.
The acquisition was completed following an official signing between the two companies during mid- December. Nithya Partners acted as legal advisor to New Anthoney’s whilst Mr. Saminda Weerasinghe, CFA acted as financial advisor to the buyer. TWCorp (Pvt) Ltd was exclusive financial advisor to the seller whilst Julius & Creasy acted as legal advisors to the seller.
Emil Stanley, the Chairman of New Anthoney’s Group, commenting on this, said ‘‘This is a historic moment for New Anthoney’s. I am confident that the acquisition of the animal feed business from Aboitiz Group will help us to grow our business exponentially and will help us to achieve our vision of becoming a reputed brand in the global poultry market. I would like to extend our sincere thanks to Aboitiz Group for the trust placed on us and to TWCorp for facilitating this transaction.’’.
‘This was a timely decision considering the many factors at hand and the acquisition will strengthen our position in the feed sector enabling us to provide an uninterrupted supply of poultry and also cater to the increasing demand both locally and internationally,’ said Neil Suraweera, CEO and Executive Director.
The foundation of New Anthoney’s is the farmer who ensures the nation receives the right proteins. As a result, the country’s more significant population depends on animal producers regardless of its size inside the country. It is because of them producers like New Anthoney’s can conduct environmentally friendly business practices nationally.
President Anura Kumara Dissanayake officially opened the Wax Museum established at the historic Ehelepola Walawwa in Kandy.this morning (17)
The Ehelepola Walawwa, which was renovated by the Urban Development Authority, has been handed over to the Temple of the Sacred Tooth Relic. The museum was then established, ensuring the preservation of its archaeological and cultural significance.
The museum features wax recreations depicting the architecture, customs and arts and crafts of the Kandyan Kingdom, to which the Ehelepola Walawwa belongs. There are also exhibition stalls showcasing traditional industries, as well as a dining area illustrating how ancient royal meals were prepared, complete with their recipes.
Furthermore, 35 lifelike wax figures of significant historical figures have been recreated at the museum. These include Ven. Weliwita Sri Saranankara Sangharaja Thera, Ven. Wariyapola Sri Sumangala Thera, King Wimaladharmasūriya I, Queen Kusumāsana Devi, Monarawila Keppetipola Disawe, Devendra Mulachari, Governor Robert Brownrigg, Ehelepola Maha Adikaram, Kumarihami, and their two children.
It’s anticipated that this museum, designed to showcase Sri Lanka’s grandeur and pride, will be a major attraction for both local and international tourists visiting Kandy.
It’s also expected to become a centre where the current generation can accurately study the Kandyan Kingdom and its associated history.
Athula Herath, a resident of Gampola, is the designer of the museum. The project, which falls under the Ehelepola Walawwa Museum Special Project, was implemented at a cost of Rs. 300 million.
Among those present at the opening were Most Venerable Dr Niyangoda Vijithasiri Thera, Anunayake of the Malwathu Chapter of the Siyam Maha Nikaya and Most Venerable Ven. Dimbulkumbure Wimaladhamma Thera, Anunayake of the Malwathu Chapter of the Siam Maha Nikaya; Most Venerable Wendaruwe Upali Thera and Most Venerable Anamaduwe Dhammadassi Thera, the Anunayake Theras of the Asgiri Chapter of the Siam Maha Nikaya, along with other revered monks from both the Malwathu and Asgiri Chapters of the Syamopali Maha Nikaya, including their registrars and executive council members.
Also in attendance were K.D. Lalkantha, Minister of Agriculture, Livestock, Land and Irrigation, Pradeep Nilanga Dela, Diyawadana Nilame of the Sri Dalada Maligawa and a host of invited dignitaries and scholars from various fields.
It has been reported that three police officers holding the rank of Sub Inspector [SI] attached to the Matara Division Intelligence Unit and the Thihagoda and Mawarala police stations have been interdicted following allegations of misconduct.
The three officers are alleged to have visited a Spa in the Walgama area in Matara and demanded free service..
Based on a complaint received, an internal investigation conducted by the Office of the Superintendent of Police in Matara found the officers guilty of misconduct and corrupt practices.
Further investigations into the incident are being conducted.
It has been reported that indictments have been served on former Minister of Health Keheliya Rambukwella, his wife, three daughters and son-in-law charged for acquiring wealth unlawfully.
President opens Wax Museum at the historic Ehelepola Walawwa in Kandy
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