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Sunshine Holdings awarded the Top 10 ‘Most Admired Companies of Sri Lanka’ 2018

September, 12, 2018

Sunshine Holdings PLC, a diversified conglomerate, emerged with the prestigious ‘Top 10 Most Admired Companies of Sri Lanka’ Award. Jointly organized by the International Chamber of Commerce, Sri Lanka (ICCSL) and the Chartered Institute of Management Accountants (CIMA) Sri Lanka, the inaugural awards ceremony recognized local companies who have not only achieved business and financial excellence in their respective fields but has also created significant value for their customers, employees and the general community through numerous initiatives.

Sunshine Holdings, along with nine other companies, was shortlisted from over 120 listed and non-listed companies in the country. Group Managing Director of Sunshine Holdings PLC, Vish Govindasamy, received the award from Prime Minister Ranil Wickramasinghe, CIMA Global President Steven Swientozielskyj and ICC India President Jawahar Vadivelu, at a gala awards ceremony held at Shangri La Colombo.

After receiving the prestigious accolade, Vish Govindasamy, Group Managing Director of Sunshine Holdings PLC said, “We at Sunshine are honored to be recognized as one of Sri Lanka’s 10 Most Admired Companies - an achievement which is a reflection on the dedication of our leadership team, our 11,000 employees across the Country and our deep commitment to our values and purpose – to create a sustainable, productive and connected future with sincerity, honesty and responsibility. This acknowledgement affirms the impact that we're making on a national scale for our customers, investors and employees.

The awards were presented following a lengthy and rigorous evaluation based on globally accepted quantitative and qualitative criteria. Companies who took part in the competition had to battle it out in three rounds where their performance was assessed under seven criteria—valuing human relationships, fostering team work, experimenting frugally, fulfilling commitments, fighting complacency, winning through multiple means and giving back to the community.

The evaluation process was overseen by an eminent and distinguished panel of judges including Awards Evaluation Committee Chairman Ravi Abeysuriya, Sri Lanka Tourism Promotion Bureau Managing Director, Sutheash Balasubramaniam, Sri Lankan President’s Counsel Harsha Cabral, Export Development Board Chairman Indira Malwatte, KPMG Middle East and South Asia Regional Chairman Reyaz Mihular, Prof. Kapila Perera and AIA Insurance Lanka PLC Director Deepal Sooriyaarachchi.

As a diversified conglomerate, Sunshine Holdings contributes to ‘nation building’ by creating value in vital sectors of the Sri Lankan economy – including healthcare, agribusiness, consumer brands and renewable energy. Many of its business units are leaders in their respective sectors, have secured partnerships with top global brands and have won prestigious awards at the national as well as the regional level.

Sunshine Holdings PLC is a diversified conglomerate with interests in Healthcare, Agri-business, Consumer Goods and Renewable Energy. The Group with revenue exceeding US $150 Million for FY18 and 11,000 employees is listed on the Colombo Stock Exchange.  Beginning with the healthcare business in 1967, the group has built strong businesses over the last five decades. Group companies include Sunshine Healthcare Lanka, Watawala Plantations PLC, Hatton Plantations PLC, Watawala Tea Ceylon Ltd and Sunshine Energy. The leading consumer brands of the group include Watawala Tea, Zesta and Healthguard Pharmacy.

Caption: Sunshine Holdings Group Managing Director Vish Govindasamy receiving the award from Prime Minister Ranil Wickramasinghe