About CITRUS group

sanju351 · 1 About CITRUS group Mon Oct 22, 2012 12:03 am

sanju351

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Dear Members - Experts ,

Please educate us are all following hotels majority is owned by CITREUS group now ?

Amaya Lake -Dambulla
Amaya Hills - Kandy
Hunas Falls - Kandy
Cangale Aamaya - Nuwara Eliya
Coral Rock- Hikkaduwa
Wild Trails -Yala

CITK - CITW - REEF & Up coming IPO hotel Hikkaduwa Beach uP COMING

Slstock · 2 Re: About CITRUS group Mon Oct 22, 2012 3:45 am

Slstock

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Hunas Falls
Amaya hotels
Coral Rock

Most controlled through Hayles and DP.

I don;t know about the Yala one.

sanju351 · 3 Re: About CITRUS group Mon Oct 22, 2012 8:48 am

sanju351

Senior Manager - Equity Analytics

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slstock wrote:Hunas Falls
Amaya hotels
Coral Rock

Most controlled through Hayles and DP.

I don;t know about the Yala one.

Thank you - However according to the web all amaya is owned by amaya groop and dtr
http://www.amayaresorts.com/

When we check the CSE for REEF It referes to the same website and then i thought these chain belongs to DJ And the conectted parties who are the owners of REEF /CITK/CITW/HIKKADUWA BEACH as they are the owners of REEF .....

Quote from CSE WEB SITE .....
CITRUS LEISURE PLC

No. 02, Police Park Avenue, Colombo 05.

Telephone : 4767800 | Fax : 4767867

Email : sales@amayaresorts.com | Web Site : www.amayaresorts.lk

DETAILS
Established 1973
Quoted Date 1984-01-01 (yyyy-mm-dd)
Financial Year Ends 31st March
Secretaries P W Corporate Secretarial (Pvt) Ltd 3/17, Kynsey Road, Colombo 8.
Auditors Messrs. Ernst & Young, Chartere Secretaries & Registrars Limited., d Accountants
Registered Office No. 02, Police Park Avenue, Colombo 05.
Sector Hotels & Travels

BUSINESS SUMMARY

Nature of Business

Hoteliering, Owners & Operators of Hotel " Reefcomber " in Hikkaduwa.

BOARD OF DIRECTORS / KEY EXECUTIVES
Chairman Cooray E.P.A
Director / CEO Talwatte P.C.B.
Board of Directors

Seneviratne R.
Jayaweera D.S.
Amunugama V.S.F.
Pilimatalawwe J.M.B.
De Mel S.D.
Premawardhana P.V.S. (Independent Non-Executive Director)

smallville · 4 Re: About CITRUS group Mon Oct 22, 2012 9:29 am

smallville

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REEF was previously known as Hotel ReefComber attched to Amaya group.

Citrus Leisure PLC currently owns three properties in Sri Lanka. The recently renovated Citrus Hikkaduwa, (a 90 roomed hotel situated in the heart of the South)as well as Citrus Waskaduwa and Citrus Kalpitiya (both 150 roomed luxury resorts,which will be completed in Early 2013).

source: http://www.citrusleisure.com/

Therefore; REEF / CITK/ CITW/ HIKKADUWA BEACH are owned by triad fame D.J. & Varuni.A. Also D.P. & N.P and Ray.D.Silva is among the top 20. having directorships..

CSE site might've not been updated.

Chinwi · 5 Re: About CITRUS group Mon Oct 22, 2012 10:54 am

Chinwi

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Amaya Group is the former Connaissance Hotels created by famous hotelier Mr. Chandra Wickramasinghe and others.

If you want to invest in Amaya buy CONN.N.

Amaya Lake is the former Culture Club in Dambulla.
Kandy Resort is Amaya Hills.

Re-banding of our hotel chains happened 2-3 yeras ago.

Chaaya, Cinnamon, Amaya, Citrus ... .... all were well known hotels in different identities years ago.

----- more about CONNaissance ---

Connaissance Holdings Ltd (Connaissance de Ceylan) was incorporated as a private limited liability company in 1982. The company was converted to a Public Company in 1994.

This Company was incorporated 3 decades ago mainly for the purpose of handling the inbound travel.

Connaissance enjoys immense popularity in the tourist markets of Europe, especially France, where it caters to over 30% of the inbound French tourists to Sri Lanka.

After 3 decades, the competitive advantage of the Company is derived by:
* its own chain of hotels.
* its fleet of motor vehicles.
* provision of airline - ticketing services.

- info from Company sites and from personal sources