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has gloss | eng: Ceylinco Consolidated is one of Sri Lankas oldest and largest business conglomerates. The original company was founded by Mr. Hugh Weerasekere and Cyril E. S. Perera QC (UNP Member Colombo North) named "Ceylon Insurance Co." listed late 1938-39. Due to the latters political stance against the SLFP political partys divisive "Sinhala Only Act" Ceylon Insurance Co. was eventually politically persuaded to relinquish control by the then SLFP government of Mrs. Bandaranakeya to Senator Justin Kotalawela then on the board of Ceylon Insurance. Justin Kotelawala gained control of Ceylon Insurance Co. from Mrs. Alice Farmacia Perera widow of the late Cyril E. S. Perera and from Mrs. Violet van Dort widow of the late Hugh Weerasekere. Many people at the time were under the impression Ceylon Insurance Co. |
lexicalization | eng: Ceylinco Consolidated |
instance of | c/Companies of Sri Lanka |
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