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Concept
John Keells Holdings
Résumé
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.
JKH is a full member of the World Economic Forum and has issued Global Depository Receipts on the Luxembourg Stock Exchange, and was the first Sri Lankan company to be listed overseas. As a Member of the Global Compact – the United Nations-sponsored international corporate citizenship initiative, JKH is also committed to sustainable development and greater social responsibility, in a multi-stakeholder context. Keells continues its position as the most valuable company in Sri Lanka since the 1980s.
Edwin and George John founded John Keells in the 1870s. They incorporated the company in Colombo, Ceylon with the name E.John & Co. In 1960 they changed the name to John Keells. It was initially set up as a manufacturer of tea and essential foods. In 1948 E. John & Co. merged with two UK based companies including Thompson and White & Co. Ltd.
During the 1970s and 1980s, the company mainly focussed on new opportunities in the tourist industry. In 1986, the name was changed again, from John Keells Ltd to John Keells Holdings Ltd. In 1986/87 John Keells went public.
The number of shares of John Keells is approximately 1.32 Billion. In 2021, the share price of JKH reached Rs. 147. The promoter group, the SK Captain family, hold 11.62% of the total shares whereas the remaining 88.38% shares are held by public shareholders, including Citigroup.
The company's equity shares have been listed on the Colombo Stock Exchange since the 1980s. As of 2021, JKH's market capitalization stood at Rs195 billion, making it the largest company in Sri Lanka. Approximately 6% of its total market cap.
Source officielle
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