Ceylon Tea Services PLC, the Merril J. Fernando company that has established its Dilmah brand in global tea markets earnings for itself the reputation of establishing a fully owned Ceylon tea brand, last week adopted a special resolution at it annual general meeting to rename itself as Dilmah Ceylon Tea Company PLC.
The company also decided to amend its articles by including the objective of "to carry on the business of the manufacture and export of value added tea."
Incorporated in 1981 the company, a subsidiary of MJF Teas (Pvt) Ltd., was later listed on the Colombo Stock Exchange and is among the highest dividend payers of companies quoted on the CSE.
CTS like other companies in the MJF group are strong supporters of environmental and social causes through the MJF Foundation devoting a share of its earnings to these activities.
The company also decided to amend its articles by including the objective of "to carry on the business of the manufacture and export of value added tea."
Incorporated in 1981 the company, a subsidiary of MJF Teas (Pvt) Ltd., was later listed on the Colombo Stock Exchange and is among the highest dividend payers of companies quoted on the CSE.
CTS like other companies in the MJF group are strong supporters of environmental and social causes through the MJF Foundation devoting a share of its earnings to these activities.
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