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…
Ranked among the Top 20 best conglomerate brands compiled by Brand Finance and published by LMD 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…
Leading multi-discipline diversified conglomerate the Ambeon Group have shown remarkable and sustained growth throughout the 2017/2018 financial year, according to annual financial results released to the Colombo Stock Exchange recently.
Leading multi-discipline diversified conglomerate, the Ambeon Group has shown remarkable and sustained growth throughout the 2017/2018 financial year, according to annual financial results released to the Colombo Stock Exchange recently. Overall, Ambeon Capital PLC posted impressive financial results during 2017/2018, starting with the Company’s PBT of Rs 286 million for 2017/18, which was almost thrice its 2016/2017 PBT of…
Acquisition of MillenniumIT ESP adds Rs 1.5 bn in revenue Sanjeev Gardiner Chairman, Ambeon Capital and Murali Prakash, Group Managing Director, CEO, Ambeon Capital and Ambeon Holdings Leading multi-discipline diversified conglomerate the Ambeon Group have shown remarkable and sustained growth throughout the 2017/2018 financial year. Overall, Ambeon Capital PLC posted impressive financial results during 2017/2018, starting with the Company’s PBT…
Leading multi-discipline diversified conglomerate, the Ambeon Group yesterday reported remarkable and sustained growth throughout the 2017/2018 financial year. Overall, Ambeon Capital PLC posted impressive financial results during 2017/2018, starting with the Company’s PBT of Rs. 286 million for 2017/18, which was almost thrice its 2016/2017 PBT of Rs. 102 million. Even more noteworthy is that the Company’s PAT was Rs.…
Subsequent to the transformation and repositioning of the Ambeon Group, which included restructuring of its diversified businesses to bring about collective focus, optimize investments and increase shareholder value, Ambeon Holdings PLC announced today of an interim dividend to all its shareholders. The total dividend payout announced is LKR 446 million translating into LKR. 1.25 per share. The payment date for…
The plans of transformation, guidance from The Galle Face Group, Hirdaramani Group and Navitas Investments coupled with astute management skills and corporate direction led by veteran Murali Prakash continues to prove to be the right formula Subsequent to the transformation and repositioning of the Ambeon Group, which included restructuring of its diversified businesses to bring about collective focus, optimize investments…
LCI acquires 100% ownership of MillenniumIT ESP from London Stock Exchange Group Leading Sri Lankan IT enterprise solutions provider for over 20 years LSEG to retain software development arm of MillenniumIT Acquisition paves the way for the LCI Group to enter the IT solutions and services business and take on opportunities in an industry that enjoys strong growth opportunities 28…