Dr. T. Senthilverl has bought 1,870,400 which is 6.83 percent shares of Swisstek (Ceylon) PLC. Thus, Dr. Senthilverl has acquired approximately 16.33 percent of the issued share capital of the company.
Swisstek (Ceylon) PLC formerly known as Parquet (Ceylon) PLC was established in 1967 and is a member of Lanka Walltiles Group of Companies since 2003. The Company’s main line of business shifted from manufacture and sale of wooden flooring under the “SWISSPARKETT” brand name to the manufacture and sale of Tile Grout and Tile Mortar. The Company also manufactures Decorative Pebbles and continues to import and supply wooden flooring for the local market. All products are manufactured and distributed under the new brand name “SWISSTEK”.
The Company has been awarded the prestigious Presidential Export Award for excellence in the export of wooden flooring on 5 occasions.
The subsidiary of the Company Swisstek Aluminim Ltd is in the manufacture of Aluminium extrusions in Mill, Anodized and Powder Coated finishes and also supply Pre-fabricated windows all under the “Swisstek” brand.