Sadaharitha Plantations Ltd, pioneer in the Green Investment sector and leader in commercial forestry in Sri Lanka, has created history in the country’s Agarwood industry at the ceremony themed ‘Trust Rewarded’, held on March 3 in Colombo.
Sadaharitha repurchased the Agarwood harvest from its customers, upon the completion of their tenure, by rewarding them with dividends. The grand ceremony was successfully conducted adhering to all the COVID-19 precautions. Sadaharitha – the first company to introduce Agarwood as a commercial forestry-based investment – offered its dividends to the customers who purchased spots in their first-ever plantation in Neboda.
As the forerunner in commercial forestry in Asia, Sadaharitha had proved to be a sustainable and secure investment avenue. The company has tied up with over 35,000 investors, offering them all high returns while ensuring support to conserve the country’s forest cover. It has nurtured the trust of its customers for nearly two decades while offering maximum profits matched by none, the company said in a media release.
The ‘Trust Rewarded’ event was one where the investors – those who had invested in the Agarwood projects Seven years ago – were offered a value of Rs.50,000 which was double the amount that the company had promised as liability upon completion of the harvest. It is notable that there is an annual return of 22.4% which is substantially higher than any other financial institution.
“Sadaharitha Agarwood – the only stable Sri Lankan brand in the global Agarwood market – is constantly committed to providing the highest quality Agarwood to the rest of the world. Its commendable research and development division together with its expert staff produce high quality agave through technology and innovation. Sadaharitha Plantation has also been named amongst the top 10 companies in the global agarwood market based on international research reports on world market behavior,” it said.
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