Mahaweli Reach Hotels Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Jayantha Panabokke

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	32.4yrs
CEO ownership	5.3%
Management average tenure	no data
Board average tenure	21.3yrs

Recent management updates

Recent updates

CEO

Jayantha Panabokke

32.4yrs

Tenure

Mr. Jayantha Atul Panabokke has been the Managing Director and Executive Director at Mahaweli Reach Hotels PLC since 1992 and July 10, 1988 respectively. Mr. Panabokke has over 32 years management experien...

Board Members

Name	Position	Tenure	Compensation	Ownership
Jayantha Panabokke	MD & Executive Director	35.9yrs	no data	5.25% LKR 36.6m
Janaka Panabokke	Head of IT Department & Executive Director	5.9yrs	no data	0.41% LKR 2.8m
Priyanjith Panabokke	Executive Director	1.6yrs	no data	0.20% LKR 1.4m
Jayampathy Ratwatte	Independent Non-Executive Director	no data	no data	no data
Abbasally Esufally	Independent Non-Executive Director	36.7yrs	no data	0.71% LKR 4.9m
Ahamed Maniku	Non-Executive Director	21.3yrs	no data	no data
Mohamed Maniku	Non-Executive Chairman of the Board	21.3yrs	no data	2.59% LKR 18.0m
Wajjiya Hettiaratchi	Non-Executive Director	21.3yrs	no data	no data
Ali Nooradeen	Non-Executive Director	20yrs	no data	no data
Ahamed Didi	Non-Executive Director	21.3yrs	no data	no data
Joseph Rosario Philip Paiva	Independent Non-Executive Director	8.8yrs	no data	no data
Sanjay Maniku	Non-Executive Director	1.6yrs	no data	no data

21.3yrs

Average Tenure

Experienced Board: MRH.N0000's board of directors are seasoned and experienced ( 21.3 years average tenure).

Mahaweli Reach Hotels Management

Management criteria checks 1/4

Key information

Recent management updates

Executive Director recently bought LK₨520k worth of stock

MD & Executive Director recently bought LK₨675k worth of stock

Mahaweli Reach Hotels PLC, Annual General Meeting, Sep 27, 2023

MD & Executive Director recently bought LK₨629k worth of stock

Less than half of directors are independent

Mahaweli Reach Hotels PLC, Annual General Meeting, Sep 28, 2022

Recent updates

New minor risk - Share price stability

Full year 2024 earnings released: LK₨6.72 loss per share (vs LK₨0.26 loss in FY 2023)

Executive Director recently bought LK₨520k worth of stock

MD & Executive Director recently bought LK₨675k worth of stock

New major risk - Share price stability

Third quarter 2024 earnings released

New major risk - Financial position

Second quarter 2024 earnings released

New major risk - Share price stability

Mahaweli Reach Hotels PLC, Annual General Meeting, Sep 27, 2023

First quarter 2024 earnings released: LK₨1.42 loss per share (vs LK₨1.58 loss in 1Q 2023)

New minor risk - Share price stability

Full year 2023 earnings released: LK₨5.27 loss per share (vs LK₨3.75 loss in FY 2022)

MD & Executive Director recently bought LK₨629k worth of stock

Less than half of directors are independent

Mahaweli Reach Hotels PLC, Annual General Meeting, Sep 28, 2022

Mahaweli Reach Hotels PLC, Annual General Meeting, Sep 28, 2022

First quarter 2023 earnings released: LK₨0.89 loss per share (vs LK₨0.95 loss in 1Q 2022)

Insider recently bought LK₨62k worth of stock

Full year 2021 earnings released: LK₨3.98 loss per share (vs LK₨3.13 loss in FY 2020)

New 90-day low: LK₨12.70

Third quarter 2021 earnings released: LK₨0.95 loss per share (vs LK₨0.51 loss in 3Q 2020)

New 90-day high: LK₨16.90

New 90-day high: LK₨16.20

Second quarter 2021 earnings released: LK₨0.98 loss per share

New 90-day high - LK₨14.70

Insider recently bought LK₨3.8m worth of stock

MD & Executive Director recently bought LK₨288k worth of stock

First quarter earnings released

CEO

Tenure

Board Members

Average Tenure