19 March 2011

Sri Lanka John Keells Raised Stake in Union Assurance to 95.6pct

18th March 2011, www.lankabusinessonline.com

Sri Lanka's John Keells Holdings has raised its stake in Union Assurance, an insurer to 95.6 percent from 80.8 percent by purchasing 5.5 million shares at 150 rupees.

"We have confidence in insurance business and financial services in general and Union Assurance in particular," JKH deputy chairman Ajit Gunawardena said.

The seller is believed to be Sri Lanka's Aviva Insurance unit.

JKH has steadily raised its stake in Union Assurance and had bought out founding partners Carsons group earlier.

Related I
nfo :

Business Today Top 20 Sri Lankan Companies 2009-2010. JKH, HNB & BUKI Make Top 3. Sri Lanka an Exciting Place to Invest in 2011 - Hari Selvanathan

John Keells Group Earns Record Profit of Rs 5.2bn After Tax

John Keells OnThree20 Luxury Apartment Complex at Union Place Colombo to Start Soon

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  1. I am P.A Ranji Aircraft maintenance engineer.I have B1.1 and B1.2 Engineer license.i heard your company seeking Aircraft engineer for Establish new Airline but I have no any contact for this matter.Please be kind enough to send this E mail for relevant person of the John keels company.
    Thanking you,
    P.A Ranji

  2. Attn: Mr Ranji

    Try this:-

    It's the Airline Division of the John Keells Group.

    Perhaps you could try these contacts:-

    Mack Air Pvt Ltd
    Head Office:
    No. 11, York Street,
    Colombo 01.
    Telephone :
    Fax : +94112475310 / +94112318720

    Anil Bandara - Senior Vice President
    Telephone : +94 11 2475300
    E-Mail : anil@keells.com


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