Shing Kwan Group donates $ 100,000 to Rebuild Sri Lanka Fund

Overseas Realty (Ceylon) PLC CEO Pravir Samarasinghe (left) hands over the Shing Kwan Group donation to President’s Secretary Dr. Nandika Kumanayake

Shing Kwan Group (SKG), the majority shareholder of Overseas Realty (Ceylon) PLC donated $ 100,000 to the Rebuild Sri Lanka Fund, extending its support to the national recovery efforts following the widespread devastation caused by Cyclone Ditwah.

The Shing Kwan Group (SKG), a leading property holding and investment company based in Singapore, together with its Founder Chairman, the late S. P. Tao, has shared a close and enduring association with Sri Lanka for over six decades.

SKG is the principal shareholder of Overseas Realty (Ceylon) PLC, Sri Lanka’s premier property investment, development, and management company. Overseas Realty has undertaken pioneering BOI-approved iconic developments, including the World Trade Center, Colombo, and the Havelock City integrated mixed-use development. These landmark investments were made possible through the unwavering support of SKG, which has consistently contributed substantial foreign direct investment to the country.

Commenting on the donation, a spokesperson for Shing Kwan Group said: “We are deeply saddened by the extensive devastation caused across Sri Lanka by Cyclone Ditwah. At this critical time, we are pleased to contribute $ 100,000 to the Rebuild Sri Lanka Fund. This contribution is intended to support the restoration of livelihoods and the rebuilding of essential infrastructure for the benefit of the people of Sri Lanka.”

Shing Kwan Group expressed confidence that, under the leadership of His Excellency the President, Sri Lanka will successfully overcome the challenges posed by this natural disaster and continue its journey toward becoming a resilient and developed economy, ensuring a stronger future for its people.

Source : DailyFT