Monthly Archives: January 2024

Watawala Plantations Board gets three new directors

Watawala Plantations PLC has announced the appointment of three new directors. Reyaz Mihular and Arjuna Herath have been appointed as Independent Non-Executive Directors and M. Thanveer Siddique as Non-Independent Non-Executive Director. With the latest appointments, the Board of Directors of Watawala Plantations PLC comprises of Chairman Sunil Wijesinha, Acting CEO Vish Govindasamy, A.R. Rasiah, M.S.…

Watawala Plantations invests Rs 90 Mn in state- of-the-art cinnamon processing centre in Udugama

Watawala Plantations PLC (CSE: WATA), Sri Lanka’s leading diversified agribusiness company, marked a significant milestone in the country’s agricultural landscape with the opening of its state-of-the-art cinnamon processing centre in Udugama, Galle. Completed with an investment of R 90 million, this facility is one of the largest cinnamon processing centre’s in Sri Lanka, which operates…