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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  In Construction Holdings Limited    1500   KYG4752Q1073

IN CONSTRUCTION HOLDINGS LIMITED

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Sierra Cables appoints Harsha Jayatunga as new CEO

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07/07/2020 | 08:51am EDT

Sierra Cables Plc has announced the appointment of Harsha Jayatunga as the new CEO.

Previously he was the Deputy CEO having joined the Company in April 2019.

The Company also announced the resignation of Managing Director/CEO D.S. Panditha.

Jayatunga brings him with two decades of a wide range of experience across Financial Management, Taxation, Administration, Logistics, Supply Chain, Project Management, Sales and Marketing and Operations disciplines predominantly in Construction, Property Development, Real Estate, Telecommunication and Manufacturing sectors.

Before joining Sierra Cables PLC, he held the post of General Manager - Finance and Administration of Civil Engineering, Property Development, Electrical Engineering Sectors of Sierra Construction Ltd.

He played an instrumental role when Sierra forming joint venture operations with foreign leading construction companies such as Shapoorji Pallonji Mid East LLC in UAE, Gold Mantis China, Toda Corporation Japan for some major landmark construction projects in Sri Lanka.

Jayatunga is a proud product of Ananda College - Colombo 10. He is a Fellow Member of the

Institute of Chartered Accountants of Sri Lanka, Fellow Member of Chartered Institute of

Management Accountants (CIMA-UK) and Chartered Global Management Accountants, USA.

He is also an Associate Member of the Certified Public Accountants, Australia. In addition to these professional qualifications he holds a Bachelor of Business Administration Degree from the University of Colombo. He has an MBA in General Management from the same university where he was awarded the Gold Medal sponsored by Brandix Group for Tax Planning and Management subjects.

© Pakistan Press International, source Asianet-Pakistan

Stocks mentioned in the article
ChangeLast1st jan.
IN CONSTRUCTION HOLDINGS LIMITED 0.00% 0.108 End-of-day quote.-36.47%
PROPERTY DEVELOPMENT PLC -2.21% 137.2 End-of-day quote.-2.21%
SIERRA CABLES PLC 0.00% 3.2 End-of-day quote.-3.03%
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Financials
Sales 2020 394 M 50,8 M 50,8 M
Net income 2020 3,76 M 0,48 M 0,48 M
Net cash 2020 11,2 M 1,44 M 1,44 M
P/E ratio 2020 29,2x
Yield 2020 -
Capitalization 89,6 M 11,6 M 11,6 M
EV / Sales 2019 0,74x
EV / Sales 2020 0,25x
Nbr of Employees 50
Free-Float 25,7%
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Managers
NameTitle
Pak Man Lau Chairman, Chief Executive Officer & GM
Kit Sum Kit Kwan Executive Director & Operations Director
Sin Yi Wong Chief Financial Officer & Secretary
Wing Cheong Cheng Executive Director & Director-Construction
Chi Kin Leung Independent Non-Executive Director