about us

About John Keells PLC – PRODUCE TEA BROKERING / RUBBER BROKERING /WAREHOUSING

history of John keells PLC

John Keells PLC (JKL) is your alliance to success through our core business in Tea and Rubber Broking, including the Warehousing of these produce, whilst our Real Estate activities include the renting of office space. Our pre-eminent position as Sri Lanka’s leading Tea and Rubber broker with the largest state-of-the-art warehousing complex is a catalyst for our effective leverage to the future.

The Holding Company, John Keells Holdings (JKH); commenced business as a produce and exchange broker in the early 1870s and has grown to become Sri Lanka’s premier listed conglomerate, housing diverse businesses in the food & beverage, leisure, transportation & infrastructure, plantations, information technology and financial services sectors. JKH is widely perceived as a benchmark of the Sri Lankan economy and is also the single largest market-capitalised company on the Colombo Stock Exchange, a position we have enjoyed for the past five years.

JKH was the only Sri Lankan Company to have been selected amongst the world’s best 200 small companies by Forbes Global magazine, in 2001. In addition to being the sole Sri Lankan full member of the World Economic Forum, we are also the only Sri Lankan Company to have had a GDR issue. JKH has been assigned a SL AA+ credit rating from Fitch Ratings Lanka. For more information on JKH, please go to “www.keells.com”

OUR VISION

To be internationally recognised as the best Produce Broker in the World.

OUR mission

To retain the pre-eminent position as Sri Lanka’s leading Tea and Rubber broker; To uphold the traditions and ethics of the Tea and Rubber trades; To ensure superior customer service through a dedicated and motivated workforce.

Milestones

1870

Edwin John came to Ceylon, as the Island was then called, to join his brother George. Together, they established themselves as Produce and Exchange Brokers.

1876

A partnership styled “John Brothers and Company” was formed with offices situated in Colombo and Kandy.

1878

This partnership was dissolved, and Edwin John started an establishment of his own titled “E. John” and carried on the business of produce and exchange broking. The first decade of business of E. John was one of low activity. Villers records this period thus, “Business in those days was very limited. Coffee had all but gone out, Tea had not expanded sufficiently and the little business in Chinchona was not enough to go around. During this period, Reginald, son of Edwin John, joined his father in Ceylon.

1890

Prospects began to improve rapidly with the approaching tea business.

1895

Reginald John was taken into the partnership of E. John and Co. By this time, business was growing quite rapidly in tea, shares, oil, and exchange.

1948

E. John and Co. amalgamated with two London Tea Broking firms, William Jas and Hy Thompson and Co. and Geo White and Co. The firm was then incorporated as a private limited liability company and the name was changed to E. John, Thompson, White and Co. Ltd.

1960

E. John, Thompson, White and Co. Ltd., amalgamated with Keells and Waldock Ltd. The name was changed to John Keells Thompson White Ltd. This Company had its office in the National Mutual Insurance Company building in Chatham Street. The first Chairperson of the Company was Douglas Armitage and, on his retirement, he was succeeded by A.G.R. Willis. The Company acquired its Glennie Street premises from Dodwell and Company which were initially used as a warehouse.

1962

The firm moved to the sixth floor of the then newly constructed Ceylinco House.

1966

The initial step towards diversification of the activities of the Company was taken with the acquisition of Ceylon Mineral Waters Ltd.

1970

M. C. Bostock was elected Chairperson of
the Company.

1971

John Keells Limited moved its offices to Glennie Street, Slave Island.

1976

John Keells Limited., became a People’s Company.

1986

John Keells Holdings PLC acquired the controlling interest of John Keells Limited., M.C. Bostock retired and D.J.M. Blackler took over as the Chairperson of the Company.

1990

K. Balendra took over as Chairperson, the first Sri Lankan to hold this position. John Keells Limited., acquired controlling interests in John Keells Stock brokers (Pvt) Ltd.

1993

Financial Statements of the associates Keells Realtors Ltd and International Tourists and Hoteliers Ltd. were incorporated to the Consolidated Accounts.

2000

K. Balendra retired as Chairperson on 31st December 2000.

2001

V. Lintotawela took over as Chairperson on 1st January 2001. John Keells Limited incorporated John Keells Warehousing (Pvt) Ltd a fully owned subsidiary with B.O.J
status.

2003

The state-of-the-art warehouse of John Keells Warehousing (Pvt) Ltd, which is the largest hi-tech tea warehouse in this part of the region was commissioned for storing pre-auctioned produce.

2005

V. Lintotawela retired as Chairperson on 31st December 2005 and S. Ratnayake took over as Chairperson on 01st January 2006

2007

The name of the Company was changed to John Keells PLC which is a new requirement of the Companies Act No. 7 of 2007

2010

The Board of Directors at a meeting held on 20th July 2010 resolved to increase the number of shares by way of share sub-division based on a ratio of one (1) share for every (1) one share held. Consequently.
the number of shares after the sub -division increased to 30.40 million shares from 15.20 million shares.

2011

The Board of Directors at a meeting held on 11th May 2011 resolved to increase the number of shares by way of a share sub-division based on a ratio of one (1) share for every (1) one share held. Consequently, the number of shares after the sub-division increased to 60.80 million shares from the previous 30.40 million shares.

2013

The Company disposed of its land at 130, Glennie Street Colombo 2.

2015

To ensure compliance with the new Securities Exchange Commission directive, which was to come into effect from 1st January 2016, the shares of the Company, which were listed on the Main Board, were transferred to the Diri Savi Board of the Colombo Stock Exchange.

2016

In compliance with the Capital Adequacy Requirement implemented by The Colombo Stock Exchange on stock broking firms, JKPLC increased its investment in its subsidiary John Keells Stock Brokers (Pvt) Ltd by accepting the rights for 0.57 million shares.

2018

Mr. K. N. J. Balendra and Mr. J. GA Cooray appointed as the new directors of John Keells PLC (wef 01st January 2018) with the retirement of Mr.A. D. Gunewardene and Mr. J. R.F. Peiris

2019

Mr. K. N. J. Balendra was appointed as the new Chairperson lw.e.f. 01st January 2015 with the retirement of Mr. S. Ratnayake

2020

John Keells PLC Celebrates 150 years of association with Ceylon Tea.

2021

The first online tea auction was conducted on Saturday, April 04th, 2021

Accordion Tab Title 1

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Accordion Tab Title 2

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Accordion Tab Title 3

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Corporate Information

Name of Company :

John Keells PLC

Company Registration Number :

PQ 11

Name of Subsidiaries :

John Keells Stock Brokers(Pvt)Limited

John Keells Warehousing (Pvt) Limited

Name of Associate Company :

Keells Realtors Limited

Legal Form :

Public Limited Liability Company listed on the Colombo Stock Exchange. (Incorporated in Sri Lanka in 1960)

Registered Office :

No 117,

Sir Chittampalam A. Gardiner Mawatha

Colombo 2,  Sri Lanka

Tel:0094 11 2306000

Telelax: 0094 11 2342456

E-mail:jkl@keells.com

Business Address :

No 186, Vauxhall Street,

Colombo 2.

Directors:

Mr.  K N J Balendra

Mr. J G A Cooray

Mr. A Z Hashim

Ms. K D Weerasinghe

Ms. B A I Rajakarier

Mr. C N Wijewardena

Ms. A K Gunawardhana

Secretaries & Registrars :

Keells Constultants (Pvt) Limited

No 117,

Sir Chittampalam A. Gardiner Mawatha

Colombo 2

Auditors:

Messrs. Ernst & Young

Chartered Accountants

P.O. Box 101, Colombo

Principal Bankers (in alphabetical order):

Bank of Ceylon

Cormmercial Bank of Ceylon PLC

Deutshe Bank

DFCC Vardhana Bank

Hatton National Bank

Hongkong & Shanghai Banking Corporation Ltd.

Nation’s Trust Bank

National Development Bank PLC 

Sampath Bank PLC

Seylan Bank

About JKH

Corporate Information

Name of Company :

John Keells PLC

Company Registration Number :

PQ 11

Name of Subsidiaries :

Keells Realtors Limited

Public Limited Liability Company listed on the Colombo Stock Exchange. (Incorporated in Sri Lanka in 1960)

Registered Office :

No 117,

Sir Chittampalam A. Gardiner Mawatha

Colombo 2,  Sri Lanka

Tel:0094 11 2306000

Telelax: 0094 11 2342456

E-mail:jkl@keells.com

Business Address :

No 186, Vauxhall Street,

Colombo 2.

Directors :

Mr.  K N J Balendra

Mr. J G A Cooray

Mr. A Z Hashim

Ms. K D Weerasinghe

Ms. B A I Rajakarier

Secretaries & Registrars :

Keells Constultants (Pvt) Limited

No 117,

Sir Chittampalam A. Gardiner Mawatha

Colombo 2

Auditors :

Messrs. Ernst & Young

Chartered Accountants

P.O. Box 101, Colombo

Principal Bankers (in alphabetical order) :

Bank of Ceylon

Cormmercial Bank of Ceylon PLC

Deutshe Bank

DFCC Vardhana Bank

Hatton National Bank

Hongkong & Shanghai Banking Corporation Ltd.

Nation’s Trust Bank

National Development Bank PLC 

Sampath Bank PLC

Seylan Bank

warehousing

Vice President Chief Executive Officer

Manager

Warehouse Contact Details:

Our Team

Phasellus nec

Marketing Manager

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Marketing Manager

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Marketing Manager

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1870

Edwin John came to Ceylon, as the Island was then called, to join his brother George. Together, they established themselves as Produce and Exchange Brokers.

1948

E. John and Co. amalgamated with two London Tea Broking firms, William Jas and Hy Thompson and Co. and Geo White and Co. The firm was then incorporated as a private limited liability company and the name was changed to E. John, Thompson, White and Co. Ltd.

1971

John Keells Limited moved its offices to Glennie Street, Slave Island.

2000

K. Balendra retired as Chairperson on 31st December 2000.

2010

The Board of Directors at a meeting held on 20th July 2010 resolved to increase the number of shares by way of share sub-division based on a ratio of one (1) share for every (1) one share held. Consequently.
the number of shares after the sub -division increased to 30.40 million shares from 15.20 million shares.

2018

Mr. K. N. J. Balendra and Mr. J. GA Cooray appointed as the new directors of John Keells PLC (wef 01st January 2018) with the retirement of Mr.A. D. Gunewardene and Mr. J. R.F. Peiris

1876

A partnership styled “John Brothers and Company” was formed with offices situated in Colombo and Kandy.

1960

E. John, Thompson, White and Co. Ltd., amalgamated with Keells and Waldock Ltd. The name was changed to John Keells Thompson White Ltd. This Company had its office in the National Mutual Insurance Company building in Chatham Street. The first Chairperson of the Company was Douglas Armitage and, on his retirement, he was succeeded by A.G.R. Willis. The Company acquired its Glennie Street premises from Dodwell and Company which were initially used as a warehouse.

1976

John Keells Limited., became a People’s Company

2001

V. Lintotawela took over as Chairperson on 1st January 2001. John Keells Limited incorporated John Keells Warehousing (Pvt) Ltd a fully owned subsidiary with B.O.J status.

2011

The Board of Directors at a meeting held on 11th May 2011 resolved to increase the number of shares by way of a share sub-division based on a ratio of one (1) share for every (1) one share held. Consequently, the number of shares after the sub-division increased to 60.80 million shares from the previous 30.40 million shares.

2019

Mr. K. N. J. Balendra was appointed as the new Chairperson lw.e.f. 01st January 2015 with the retirement of Mr. S. Ratnayake

1878

This partnership was dissolved, and Edwin John started an establishment of his own titled “E. John” and carried on the business of produce and exchange broking. The first decade of business of E. John was one of low activity. Villers records this period thus, “Business in those days was very limited. Coffee had all but gone out, Tea had not expanded sufficiently and the little business in Chinchona was not enough to go around. During this period, Reginald, son of Edwin John, joined his father in Ceylon.

1962

The firm moved to the sixth floor of the then The firm moved to the sixth floor of the then newly constructed Ceylinco House.

1986

John Keells Holdings PLC acquired the controlling interest of John Keells Limited., M.C. Bostock retired and D.J.M. Blackler took over as the Chairperson of the Company.

2003

The state-of-the-art warehouse of John Keells Warehousing (Pvt) Ltd, which is the largest hi-tech tea warehouse in this part of the region was commissioned for storing pre-auctioned produce.

2013

The Company disposed of its land at 130, Glennie Street Colombo 2.

2020

John Keells PLC Celebrates 150 years of association with Ceylon Tea.

1890

Prospects began to improve rapidly with the approaching tea business.

1966

The initial step towards diversification of the activities of the Company was taken with the acquisition of Ceylon Mineral Waters Ltd.

1990

K. Balendra took over as Chairperson, the first Sri Lankan to hold this position. John Keells Limited., acquired controlling interests in John Keells Stock brokers (Pvt) Ltd.

2005

V. Lintotawela retired as Chairperson on 31st December 2005 and S. Ratnayake took over as Chairperson on 01st January 2006

 

2015

To ensure compliance with the new Securities Exchange Commission directive, which was to come into effect from 1st January 2016, the shares of the Company, which were listed on the Main Board, were transferred to the Diri Savi Board of the Colombo Stock Exchange.

2021

The first online tea auction was conducted on Saturday, April 04th, 2021

1895

Reginald John was taken into the partnership of E. John and Co. By this time, business was growing quite rapidly in tea, shares, oil, and exchange.

1970

M. C. Bostock was elected Chairperson of
the Company.

1993

Financial Statements of the associates Keells Realtors Ltd and International Tourists and Hoteliers Ltd. were incorporated to the Consolidated Accounts.

2007

The name of the Company was changed to John Keells PLC which is a new requirement of the Companies Act No. 7 of 2007

2016

In compliance with the Capital Adequacy Requirement implemented by The Colombo Stock Exchange on stock broking firms, JKPLC increased its investment in its subsidiary John Keells Stock Brokers (Pvt) Ltd by accepting the rights for 0.57 million shares.

2018

Mr. K. N. J. Balendra and Mr. J. GA Cooray appointed as the new directors of John Keells PLC (wef 01st January 2018) with the retirement of Mr.A. D. Gunewardene and Mr. J. R.F. Peiris