Ambeon Holdings PLC, a diversified conglomerate reputed for its market dominance across sectors such as financial services, real estate, technology, and strategic investments, made a significant strategic move in the financial services sector by acquiring a 7.63% stake in Seylan Bank PLC, further increasing its investments in the banking industry. This investment comes on the heels of a strategic acquisition by Ambeon Capital PLC and its subsidiaries, which recently purchased 9.02% of the ordinary voting shares of DFCC Bank PLC. Both investments underscore Ambeon Group’s strategic focus on strengthening its presence in the financial services sector, reinforcing its reputation as a key player in Sri Lanka's economic landscape.
Commenting on the recent strategic investments, Mr. Sujeewa Mudalige- Group Chairman, Ambeon Group highlighted that the company's expanding portfolio is a clear reflection of its ongoing commitment to broadening its investments in high-potential sectors.
The Ambeon Group continues to strategically expand its presence in high-growth sectors through a series of targeted investments. The company's diverse portfolio across multiple industries demonstrates its broad investment approach and commitment to capitalizing on market opportunities for long-term growth.
Dr. Sajeeva Narangoda Group CEO/ Executive Director of Ambeon Group stated, “With its diverse holdings, Ambeon Group is positioning itself as a leading player in Sri Lanka's corporate landscape. Our focus is not only on maintaining market dominance in key sectors but also on fostering growth through targeted investments in strategic areas that offer significant long-term potential. This approach ensures we remain well-positioned to leverage emerging opportunities across a variety of industries, from financial services to real estate and technology.” Dr Narangoda concluded.
Ambeon Holdings PLC, a subsidiary of Ambeon Capital PLC, is strategically expanding its presence in high-growth sectors through a series of targeted investments. The company's diverse portfolio across multiple industries demonstrates its broad investment approach and commitment to capitalizing on market opportunities for long-term growth. The subsidiaries of Ambeon Holdings PLC include Taprobane Capital Plus (Pvt) Ltd - a leading financial services provider with a wealth of experience in capital markets and government securities in Sri Lanka, Millennium I.T.E.S.P (Pvt) Ltd - Sri Lanka’s leading information systems solutions providers delivering IT solutions for many industries; including banks and finance, telecommunications, apparel, and leading conglomerates. Its strong foothold in IT solutions underscores Ambeon's commitment to technological innovation and Colombo City Holdings PLC (a diversified investment company with interests in real estate, further broadening Ambeon’s presence in the property sector, an area of growing importance in Sri Lanka’s economy.). Additionally, Ambeon Holdings holds a 22.4% stake in the Dankotuwa Group, which includes Dankotuwa Porcelain PLC and its subsidiary Royal Fernwood Porcelain Limited. This involvement in the manufacturing and export sector adds another layer of diversification to Ambeon’s investment strategy.
The Ambeon Holdings PLC Board of Directors comprise of eminent personalities – Mr. Sujeewa Mudalige (Chairman/Independent Non-Executive Director), Dr. Sajeeva Narangoda (Executive Director/Group Chief Executive Officer), Mr. Mangala Boyagoda (Independent Non-Executive Director), Mr. Savanth Sebastian (Independent Non-Executive Director), Mr. Samresh Kumar (Independent Non-Executive Director), Mr. Jacky Tsoi (Independent Non-Executive Director), Mr. Ruwan Sugathadasa (Non-Executive Director), and Mr. Duminda Weerasekare (Independent Non-Executive Director).