directors interest in contracts
The Directors of the Company are also Directors of the following companies:
| Company Name |
Relationship |
Name of the Director |
|
|
|
| Dimo (Pvt) Ltd. |
Subsidiary |
Mr. A.R. Pandithge
Mr. S.C. Algama
Mr. A.G. Pandithage
Mr. B.C.S.A.P. Gooneratne
Mr. R.C. Weerawardena |
|
|
|
| Dimo Industries (Pvt) Ltd. |
Subsidiary |
Mr. A.R. Pandithage
Mr. A.G. Pandithge
Mr. S.C. Algama
Mr. B.C.S.A.P. Gooneratne
Mr. R.C. Weerawardena |
|
|
|
| Dimo Travels (Pvt) Ltd. |
Subsidiary |
Mr. A.R. Pandithage
Mr. S.C. Algama |
|
|
|
| Dimo-KLN Industries (Pvt) Ltd. |
Joint Venture |
Mr. A.R. Pandithage
Mr. R.C. Weerawardena |
|
|
|
| Browns Dimo Industrial Products (Pvt) Ltd. |
Associate |
Mr. A.R. Pandithage
Mr. R.C. Weerawardena |
|
|
|
The inter company balances and transactions are given on Note 28.
The Company has entered into contracts in the normal course of business with the following companies in which a Director of the Company is also director of the said Company,
| Company Name |
Name of the Director |
Nature Of Transaction |
Transaction Amount |
| Air Global Ltd. |
Mr. A.M. Pandithage |
Air Passage |
3,162,808 |
| Global Holidays (Pvt) Ltd. |
Mr. A.M. Pandithage |
Air Passage |
3,918,442 |
| Hayleys Consumer Products (Pvt) Ltd. |
Mr. A.M. Pandithage
Mr. R.A. Ebell |
Purchases of Electronic Items |
47,150
|
| Logiwiz Ltd. |
Mr. A.M. Pandithage |
Services of Storage & Delivery |
10,000 |
| Mit Cargo (Pvt) Ltd. |
Mr. A.M. Pandithage
Mr. R.A. Ebell |
Services of Shipping & Warehouse |
725,833 |
| Toyo Cushion Lanka (Pvt) Ltd |
Mr. A.M. Pandithage |
Services of Forklifts |
481,727 |
| Hayleys PLC |
Mr. A.M. Pandithage
Mr. R.A. Ebell |
Annual Maintenance Contract |
48,000
|
| Hayleys Adventis (Pvt) Ltd |
Mr. A.M. Pandithage
Mr. R.A. Ebell |
Vehicle Servicing & Sale of Tyres. |
477,970
|
| Hayleys Industrial Solutions Ltd. |
Mr. A.M. Pandithage
Mr. R.A. Ebell |
Sales of Power Tool & telephone
System & Services Telephones |
427,597 |
| Hayleys-mgt Knitting Mills Ltd. |
Mr. R.A. Ebell |
Sales of Ups Battries & Tyres |
273,678 |
| Hayleys Agro Products Ltd. |
Mr. A.M. Pandithage
Mr. R.A. Ebell |
Sales of Spare Parts |
203,369 |
| Q & E Advertising (Pvt) Ltd. |
Dr. U. Liyanage |
Sale of Lighting & Annual Maintanance PABX |
63,799 |
| Q & E Advertising (Pvt) Ltd. |
Dr. U. Liyanage |
Press /media Advertisements & Art Work |
11,405,450 |
| Ceylon Cold Stores PLC |
Dr. U. Liyanage |
Sales of Spare Parts |
140,949 |
|
|
|
|
| Dipped Product PLC |
Mr. A.M. Pandithage
Mr. R.A. Ebell
Mr. R. Seevaratnam |
Sales of Tyres |
54,076
|
| Hayleys AIG Insurance Co. Ltd. |
Mr. A.M. Pandthiage |
Insurance Premiums |
13,015,347 |
|
