MAS recognised as ‘Exporting Conglomerate of the Year’

19 September 2018 10:08 am

From left: Shakti Ranatunga - Director Group Human Resources - MAS Holdings, Chamindra Mirando - General Manger -Operations MAS Fabrics Matrix, Ziyan Zahir, Director - Direct Brands, MAS Intimates, Dulani Dilrukshi Ganegoda, President Joint Consultative Committee (JCC) MAS Intimates Slimline, Shirendra Lawrence - Chief Operating Officer - MAS Holdings, Surangi Madhuwanthi Perera, Secretary Joint Consultative Committee (JCC) – Unichela Panadura, Suren Fernando, Chief Executive Officer - MAS Intimates, Ruwan Keragala, Director Finance - MAS Intimates and Rajiv Dharmendra, Chief Marketing Officer - MAS Intimates

 

 

MAS Holdings made history by being recognized as the ‘Exporting Conglomerate of the Year’ at the Presidential Export Awards 2018 held at the BMICH under the patronage of President Maithripala Sirisena yesterday. 


At the same event, MAS Intimates was honoured with the coveted ‘Exporter of the Year Award’ as well as also receiving the Overall Awards for ‘Net Foreign Exchange Earner’ and ‘Contributor from the Region to the Export Supply Chain’. 


In addition to the four overall awards, MAS walked away with two Sectoral Awards, the ‘Highest Foreign Exchange Earner – Apparel’ award won by MAS Intimates and the ‘Highest Foreign Exchange Earner – Footwear’ award won by MAS Fabrics Matrix.   


Commenting on the occasion, Chairman and Co-founder of MAS Holdings, Mahesh Amalean said, “Today, consumer dynamics have evolved, and digital commerce is disrupting the traditional retail landscape. Digitization is creating opportunities while Innovation will play an important role in transforming the apparel industry”.  

He goes on to state “MAS is proud to have contributed towards positioning Sri Lanka as an ethical and sustainable destination for high value-added, technologically advanced design-to-delivery apparel solutions. These awards are a testament of the hard work and commitment shown by all our associates across the country and beyond.”


The Conglomerate of the Year Award was adjudged based on criteria that encapsulated a company’s export turnover, financial performance, value addition and creation of employment opportunities. Focused areas such as product and market innovation as well as the implementation of sustainable policies where MAS Holdings has displayed industry-wide dominance and leadership over the years were also evaluated.