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 and Ambeon Capital PLC jointly announced the appointment of global business leader and private equity investor Samresh Kumar as an Independent Non-Executive Director of both entities. Paving the way for new appointment, Deputy Chairman Mr. Ajith Devasurendra and Mr. Ranil Pathirana have stepped down from their positions at Ambeon Holdings PLC and Ambeon Capital PLC. Additionally, Mr.…
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…
Sri Lanka’s leading medium sized conglomerate reputed for its market dominance in the areas of financial services, manufacturing, real estate, technology and strategic investments, Ambeon Holdings PLC recorded an impressive growth throughout the 2018/2019 financial year as per the financial results released to the Colombo Stock Exchange recently.
Dankotuwa Porcelain PLC, renowned for its luxurious and elegant porcelain tableware was adjudged as the most loved houseware brand this year by Brand Finance. Globally recognized for its luxurious and elegant porcelain tableware – one with remarkable whiteness that radiates a sense of pristine beauty, Dankotuwa Porcelain continues to win the hearts of millions in Sri Lanka and round the…
Ambeon, the corporate brand of Ambeon Holdings PLC, a medium sized conglomerate reputed for its market dominance in the areas of financial services, manufacturing, real estate, technology and strategic investments has been named among the Top 20 Best Conglomerate Brands ranked this year by Brand Finance. The dynamic Group, which was repositioned and transformed recently to represent the Group’s business…
Taprobane Capital Plus (Pvt) Ltd, a wholly owned subsidiary of Ambeon Holdings PLC has selected MTI Consulting to conduct a strategizing exercise to explore and identify opportunities for Taprobane Capital Plus within the Financial Services domain.