MAS recognised as ‘Exporting Conglomerate of the Year’

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

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

At the same event, MAS Intimates was honoured with the coveted ‘Exporter of the Year Award’ and also received 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 ‘Highest Foreign Exchange Earner – Footwear’ award won by MAS Fabrics Matrix.   

Commenting on the occasion, MAS Holdings Chairman and Co-founder 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 went 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.