Sathosa Motors Plc (Sri Lanka)

The Company is engaged in the import and sale of Isuzu new vehicles and spare parts together with repair and maintenance of such motor vehicles.
-History
-1962: The Company origin goes back to 1962, where Isuzu Agency was secured by the Co-operative Wholesale Establishment in 1962.
-1982: The Company is a Public Limited Liability Company incorporated in Sri Lanka on March 11, 1982 under the Companies Ordinance No.51 of 1983 and re -registered under the Companies Act No. 7 of 2007.
-1992: The Company peopleised on August 26, 1992 and 60 of issued capital was acquired by M/s C Itoh Co. Ltd (Itochu corporation) Japan, one of the largest trading organization (sogo-shosa) in Japan. Of the remainder 10 was gifted to employees 30 issued to the General Public. The Company s head office is situated at No. 25, Vauxhall Street, Colombo 02 and at this premises, New Vehicles Showroom, Spare Parts Stores, Sales Office, Opel Isuzu repair Workshop are located. Our main Isuzu repair Workshop is located at No. 25/11, New Nuge Road, Peliyagoda. In addition, for the convenience of customers we are running Spare Parts Retail Sales Outlets at Peliyagoda Panchikawatta.
-1993: The Company was listed on the Colombo Stock Exchange on November 7, 1993.
-1994: The Company successfully launched rights issues in 1994 1996.
-1999: The Company bonus1:1 share issued in 1999 and the present share holding is 6,033,622. The Company utilized the fund collected by rights issues for development of new work shop facility at Peliyagoda and to construct Show Room, Administrative Building and to upgrade main Spare Parts sales outlet and office complex at Vauxhall Streeet, Colombo 02 in order to provide better and improved facilities to our Isuzu and Opel customers.