Sri Lanka State Trading Corporation

Sri Lanka State Trading (General) Corporation Limited is a fully government-owned institution functioning under the purview of the Ministry of Finance. STC has been in the business for over 50 years with ample experience in catering to both the public and private sector. Sri Lanka State Trading (General) Corporation was established under the Sri Lanka State Trading Corporation Act. No 33 of 1970 and notified in Gazette Extraordinary No 14, 939/10 dated 05.01.1970- the date on which the corporation commenced its trading operations. In 1992, the STC was converted into a Public Limited Liabilities company under the Conversion of Public Corporations and Government-owned business undertaking into Public Companies. The companys ordinary shares are fully owned by the State and are held by the Secretary to the Treasury on behalf of the State. The State Trading (General) Corporation is an esteemed institution well-rooted in the corporate sphere of our nation, owing to our ability to cate...