Carson arrives in Ceylon.
Carson opens his first office in Baillie Street in Colombo to import cotton goods.
The Company obtains the Agency of London Assurance.
H. Cumberbatch, a coffee planter, joins Sabonadiere and Company, an organisation that was foremost among the estate agencies of that period and dealt with the produce of 113 plantations.
Sabonadiere and Company declares bankruptcy with the decline of the coffee industry. H. Cumberbatch resurrects the interests of the Company under the name Cumberbatch & Company, which goes on to become one of the most recognised estate agency houses in the Island.
Carson & Company obtains the agency in Ceylon for the Bibby Line of Steamers.
Carson & Company acquires the agencies for the Nippon Yusen and the White Star Line of steamers.
Carson & Company moves to Australia Building in York Street, Fort.
The Grand Central Ceylon Rubber Estates belonging to Carson & Company are floated on the London Stock Exchange with an authorised capital of 1.5 million sterling pounds, making it the largest rubber concern in Sri Lanka.
Carson & Company is converted into a limited liability company.
The merger between Carson & Company Limited and Cumberbatch & Company, results in the name of the Company being changed to Carson Cumberbatch PLC (CCCL).
Leechman & Company Limited, which was incorporated in 1953, becomes a subsidiary of CCCL.
Carsons made a strategic decision to shift from rubber plantations to oil palm cultivation in Malaysia. Around the same time, Kanapathy Selvanathan and his sons, Manoharan and Hariharan Selvanathan, join the business and, with their strategic foresight, invest in CCCL.
CCCL moves into a new office complex at Vauxhall Lane, Colombo 2.
CCCL diversifies into hotels, real estate and investments. The Group builds two hotels - Giritale Hotel and Moonlight Beach Hotel and takes over the management of Pegasus Reef Hotel.
The Government commences the nationalisation of estates, and CCCL’s office complex and a section of its stores at Vauxhall Lane are acquired. CCCL moves back to the Australia Building in York Street, Fort.
CCCL constructs its own office premises at 67, Dharmapala Mawatha, Colombo 7.
Sri Krishna Corporation Limited, a renowned manufacturing and exporting house in Sri Lanka owned by the Selvanathan Family, a 75 year old company, which is a leading manufacturing and exporting house in Sri Lanka, acquires a controlling interest in Carson Cumberbatch PLC.
CCCL demolishes the building occupied by the Company’s airline and travel sectors on Janadhipathi Mawatha to build a new office complex, Equity Two.
CCCL enters into a joint venture with Unit Trust of India, Bank of Ceylon and HSBC Asset Management Company to set up one of Sri Lanka's pioneering fund management companies.
CCCL secures the management contract for Elpitiya Plantations, which the Company had managed until privatisation.
Carsons Management Services (Private) Limited is established to provide management services to all the companies of the Group.
Carsons expands its interest in oil palm plantations into Indonesia. A plantation project under PT Agro Indomas commences in Central Kalimantan, increasing the overseas oil palm plantations land bank from 1,800 hectares to 18,000 hectares.
A state-of-the-art brewery at Biyagama is commissioned, which will more than double the Group’s brewing capacity.
CCCL takes over the management of three investment holding companies - the Ceylon Guardian Investment Trust Limited, the Ceylon Investment Trust Limited and the Rubber Investment Trust Limited
The Group divests its stake in Moonlight Beach Hotel.
The first mill commenced operations in PT Agro Indomas to process palm fruits to crude palm oil with a milling capacity of 297,000MT per annum.
Sale of Bukit Darah oil palm estate in Malaysia in order to re-invest funds in Indonesia to acquire a new plantation project of 20,000 hectares under PT Agro Bukit in Central Kalimantan.
Goodhope Asia Holdings Ltd was incorporated in Singapore as the holding company of the plantations sector to consolidate and regionalize the sector's asset base.
A Kernel Crushing Plant was commissioned in PT Agro Bukit with a crushing capacity of 108,000MT per annum. Commissioned a Bulking Station in Bagendang Port in Sampit, Indonesia with a storage capacity of 10,500MT.
Goodhope acquires Premium Vegetable Oils Sdn Bhd (Malaysia) and Arani Agro Oil Industries (India), both specializing in palm oil refining and manufacturing. This acquisition strategically positions Goodhope in the plantations, oils, and fats sector by integrating the palm oil value chain.
Lion Brewery acquires Millers Brewery.
Premium’s downstream sector enters a joint-venture partnership with Japan’s market leader in oils and fats manufacturing, J-Oil Mills.
Investment companies launches a USD 4.5 million overseas investment initiative via a fund structure in the Republic of Mauritius.
Lion Beer (Ceylon) Pte. Ltd. is incorporated in Singapore.
