Ambeon Capital PLC, under new owners, last week acquired a 9% stake in DFCC Bank for Rs. 3.3 billion with the move described as “strategic and long-term.” On 13 November, the day before the General Election, 38.98 million shares of DFCC Bank traded at Rs. 85 per share via 9 crossings. Overall, 40.9 million shares traded for Rs. 3.4 billion…
MillenniumIT ESP, a leading provider of enterprise technology solutions, yesterday announced a significant change in its leadership, ushering in a new and promising era for the company. It said this strategic shift is driven by a transition in the Ambeon Group which further strengthens MillenniumIT ESP’s international growth strategy by bringing in the expertise of a new Board of Directors.…
Ambeon Capital PLC and Ambeon Holdings PLC together announced the appointment of Mr. Jacky Tsoi as an Independent Non-Executive Director of both entities. Mr. Jacky Tsoi is the Managing Partner of Syndicate Capital, an international investment conglomerate that focuses on co-investments in mid-market companies alongside core and specialist sponsors, especially in the technology, financial services, green energy, education, healthcare, and…
Colombo City Holdings PLC, a subsidiary of Ambeon Holdings PLC, is pleased to announce the appointment of three distinguished professionals to its Board of Directors, marking a significant value addition to the company’s governance and strategic direction. Mr. Samresh Kumar and Mr. Sharad Sridharan have been appointed as Independent Non-Executive Directors, effective from 29th May 2024. Additionally, Mr. Revantha Thashan…
Ambeon Holdings PLC, a diversified conglomerate reputed for its market dominance in the areas of financial services, real estate, technology, and strategic investments, recorded a stellar performance for the financial year (FY) 2023/2024 as per the interim financial results released to the Colombo Stock Exchange recently. Amidst an improving macroeconomic landscape, the group delivered robust results for the financial…