Sri Lanka conglomerates are investment brands

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

May 21, 2013 (LBO) – Sri Lankan conglomerates that had attracted strong foreign investor interest had built resilient investment brands, top executives involved in managing multi-national companies said. Punters in international markets also react like consumers do to brand, as conglomerates which are not easy hermes bags analyze, Lalith de Mel, chairman Hemas Plc and former board member of Reckitt Benckizer Plc Uk said.

“In conglomerates investors see very little of the bits and parts that make it up,” de Mel told the LBR-LBO conference on ‘Building Resilient Brands.’

“They believe that managers of the brand have the ability to keep moving things along. So JKH, Aitken Spence, Hemas are also brands in a way. They give the same value and keep increasing shareholder value.”

Brands help pull up a product or service up from commodities by giving an enhanced user experience but they also have to deliver the promised user experience.

De Mel said a brand like Dettol antiseptic had survived for 75 years around the world, changing with the consumer as their habits changed, after beginning its life when medical practitioners were trying to encou