Tag Archives: Nisansala Munasinghe

First Capital Partners with Habitat for Humanity Sri Lanka to Build Homes and Transform Communities

First Capital Holdings PLC launches a three-year CSR programme by partnering with Habitat for Humanity Sri Lanka to build homes for families in need. Through this partnership, First Capital will pledge LKR 15 million to implement the ‘First Capital Housing Project’ in the Galle District; providing deserving low-income families with safe and stable homes.

Caption – The First Capital Housing Project was launched through an MOU signing ceremony held virtually between First Capital Holdings PLC and Habitat for Humanity Sri Lanka.

First Capital, a member of the Janashakthi Group, provides capital market solutions, through its operations as a primary dealer, stockbroker, corporate advisory, debt structuring, and wealth management, delivering on its brand promise ‘Performance First’.

Habitat for Humanity Sri Lanka, an international housing and shelter non-profit is a member of the Habitat for Humanity International network and has been in operation in Sri Lanka for over 27 years. Having implemented numerous large-scale housing projects such as the Indian Housing Project and the Homes, not Houses Project funded by the European Union, Habitat Sri Lanka has assisted more than 27,000+ families across the country to build homes and improve their shelter conditions.

Moving beyond the typical CSR initiative, the First Capital Housing Project will focus on constructing homes that are not only durable and safe, but also environmentally sustainable. Promoting eco-friendly and climate-appropriate construction practices, Habitat for Humanity Sri Lanka will construct the homes of the First Capital Housing Project using Compressed Stabilized Engineered Blocks (CSEB).

Experts claim earth-based construction materials such as CSEB, surpass conventional construction methods as they are more energy-efficient due its low carbon footprint and use of locally sourced materials, providing an alternative to mining river sand. These earth-based blocks also have the ability to absorb atmospheric moisture allowing the walls to be much cooler and more thermally efficient when compared with conventional brick and mortar homes. Habitat for Humanity Sri Lanka has currently constructed nearly 1,000 homes using earth-based construction materials for resettled families in the North and East of Sri Lanka, funded by the European Union.

Commenting on the significance of this new partnership with Habitat for Humanity Sri Lanka, First Capital Holdings PLC Director / CEO Dilshan Wirasekara said, “As a group, we have taken the route of community building as an extension to our long-standing legacy and reputation of contributing to nation-building initiatives. We are delighted to partner with Habitat for Humanity Sri Lanka, as we believe this partnership holds strong synergies with our corporate values and brand promise. The three-year collaboration enables us to witness far-reaching impacts of this initiative considering the long-term benefits of supporting low-income families with safe housing.”

Echoing Wirasekara’s sentiments, Habitat for Humanity Sri Lanka National Director, Yu Hwa Li said, “We are grateful to First Capital Holdings for its commitment to building homes and transforming communities through the First Capital Housing Project. Habitat Sri Lanka has constructed affordable homes for more than 110,000 individuals across the country. These efforts have been possible through the generous donations we have received from institutional and corporate donors like First Capital. We look forward to enriching the lives of the low-income families who will benefit from this project by providing them with decent, stable, and safe places to call home.”

Caption –

The First Capital Housing Project was launched through an MOU signing ceremony held virtually between First Capital Holdings PLC and Habitat for Humanity Sri Lanka.

Pictured Left to Right:

Dilshan Wirasekara – Director/CEO, First Capital Holdings PLC; Yu Hwa Li – National Director, Habitat for Humanity Sri Lanka; Melissa Jayasuriya – Senior Manager, Corporate Relations and Resource Development, Habitat for Humanity Sri Lanka, and Nisansala Munasinghe – Senior Manager, Branding and Marketing Services, First Capital Holdings PLC.

First Capital steps forward as Principal Sponsor of the SSC Open Tennis Championships 2021

Colombo 17th February 2021; Investment institution First Capital Holding PLC has come forward as the principal sponsor for the SSC Open Tennis Championships. The SSC Open 2021 is to be conducted from 19th February to 7th March 2021 at the Singhalese Sports Club (SSC) Tennis courts. The championships will be the first major open ranking tournament for the year 2021 having already attracted more than 650 entries and is one of the most anticipated events for the year.

“First Capital is pleased to sponsor the SSC Open Tennis Championships, as we see the impact of tournaments such as this in upholding high standards and enabling high performance.  The Championships have a strong synergy with our corporate values and our brand promise to deliver ‘performance first’. We are confident this partnership will further strengthen the association between our organizations and enable the upliftment of the sport across Sri Lanka”, stated Mr. Dilshan Wirasekara, Director / Chief Executive Officer of First Capital Holdings PLC, at the event to announce the Principal Sponsorship held recently.

The championships will be conducted under the purview of the governing body of the sport, the Sri Lanka Tennis Association and organized by the SSC Tennis House Committee. ‘All health and safety guidelines recommended by the Ministry of Health will be adhered to in conducting the championship, ensuring maximum safety to its participants and stakeholders at large’ said Mr Chammika De Silva the Tournament Director of the SSC Tennis Championships 2021.

The SSC Open Tennis Championships has had a long history and has gained prominence as a steppingstone for young talent, with most of its winners moving on to the national and international stage in the years ahead. This makes the championships one of the most sought-after fixture in the Sri Lankan Tournament calendar, also gaining the trust in its participant as a well-organized event. The championships will comprise of Girls and Boys events from under 12 to under 18 (Singles & Doubles), Men’s and Women’s Singles and Doubles, Mixed Doubles and Veterans events for over 35, over 45 & over 55 age groups.

Long standing supporters of the SSC Open Tennis Championships, Diesel and Motor Engineering PLC (DIMO) and 3 G Sports (Head Tennis Balls) will continue as co-sponsor and the main ball sponsor respectively. Further co-sponsors include ABC Shipping and Ceylon Biscuits Limited (CBL), which will be the nutrition sponsor. The Peoples Bank has also come forward to support the SSC Open this year.

Mr. Mufaddal Hazari, an International Tennis Federation qualified official with long years of experience will serve as the tournament referee.

(Insert photo – with caption) ‘Mr.  Dilshan Wirasekara, Director / Chief Executive Officer, First Capital Holdings PLC (on the Right) handing over the Sponsorship Cheque to Mr. Vasantha Wijesekera, Honourary Secretary, Singhalese Sports Club’, also in the picture (L-R), Mr. Neshan Gunasekera, Honourary Chairman, SSC Tennis House Committee, Mr. Nilanka Peiris, Honourary Treasurer, SSC, Ms. Nisansala Munasinghe, Manager Branding and Marketing Services First Capital Holdings PLC and Mr. Chandana De Silva, Director, First Capital Holdings PLC’

Photo credit – Mr Kamal Wanniarachchi of The Island


Sri Lanka’s changing investment landscape set for analysis in 2017 report

Sri Lanka’s efforts to boost capital inflows through the gradual liberalisation of its trade and investment laws will be explored in a forthcoming report by the global publishing firm Oxford Business Group (OBG).

Invest in Sri Lanka with First Capital Holdings Plc

The Report: Sri Lanka 2017 will look in detail at what the country’s capital markets sector is doing to prepare for an era of higher investment. Key developments set for analysis include a drive under way to modernise the industry and the emergence of new private equity groups on the scene.

OBG’s report will also consider the economic challenges that Sri Lanka currently faces, led by rising debt levels and balance of payment issues.

First Capital Holdings PLC has signed a second memorandum of understanding (MOU) with OBG for the publishing firm’s forthcoming report on the country. Under the MOU, the investment bank will team up with OBG once again to compile and produce the capital markets chapter of The Report: Sri Lanka 2017.

Dilshan Wirasekara, Group CEO, First Capital Holdings PLC, said he was confident that OBG’s 2017 report would play a pivotal part in highlighting the opportunities emerging across Sri Lanka’s economy to investors keen to tap into the country’s post-war economic expansion.

“Initiatives such as Oxford Business Group’s reports are helping to meet growing demand for up-to-date, accurate information on Sri Lanka at a time when efforts to attract new foreign investment for projects are gaining pace,” he said. “I look forward to partnering with the Group’s team and once again contributing to what is undoubtedly a valuable global research tool.”

Welcoming First Capital Holdings on board, Andrea Tsiachtsiri, OBG’s Country Director, agreed that the rolling out of big-ticket, capital projects, such as Colombo Port City and Megapolis, had heightened the need to keep business leaders updated on developments in Sri Lanka.

“Sri Lanka’s Government will be looking to its project pipeline to help ensure that future growth is broader and more inclusive,” she said. “First Capital has been a key player on Sri Lanka’s financial services industry for over 30 years, giving its experts an in-depth knowledge of the country’s capital markets and investment banking spectrum. I’m thrilled that our readers will once again benefit from its team’s input.”

The Report: Sri Lanka 2017 will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other sectoral developments. The publication will also contain interviews with leading representatives, including President Maithripala Sirisena, Prime Minister Ranil Wickremesinghe and UN Secretary General Ban Ki-moon. It will be available in print and online.

First Capital Holdings PLC an investment bank in Sri Lanka.

The company operates in the capital markets of Sri Lanka in government securities – treasury bills and bonds, stock brokering and share market investments, asset management, private wealth management,  retirement planning, personal financial planning, unit trust, margin trading, capital market research, trustee services, corporate finance advisory services including corporate debt structuring (debentures, trust certificates, commercial papers), valuations, restructuring, mergers and acquisitions, initial public offerings (IPOs) and project advisory. 

The First Capital Group consists of First Capital Treasuries PLC, First Capital Limited, First Capital Markets Limited, First Capital Asset Management Limited and First Capital Equities (Private) Limited covering Colombo, Negombo, Matara, Kandy and Kurunegala.

First Capital power 37th National Conference of Chartered Accountants with Gold

First Capital Holdings PLC has committed to power the 37th National Conference of Chartered Accountants with Gold sponsorships.

The annual flagship event, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is to be held from 19 to 21 October, under the theme ‘Unleashed Thinking: Entrepreneurship and Intrapreneurship.’ The conference which has built a reputation as a leading business summit in the country, is expected to attract over 1,500 business leaders including chartered accountants and leaders from other professions.

First Capital Holdings Group Chief Executive Officer Dilshan Wirasekara said that First Capital is delighted to sponsor a benchmark event such as the National Conference of Chartered Accountants for the third successive year. “We see the impact that national level events such as this conference have on the maintenance of high professional standards and practices across the industry as Sri Lanka’s capital market enters the next phase of growth,” he said.

“This year’s conference is expected to focus on the potential of entrepreneurship and intrapreneurship, specifically on how it can benefit Sri Lanka to drive the country to the next level, boosting its standing as a global player in the international business arena.
Reputed as a business summit, the conference aims to stimulate vibrant innovative entrepreneurs and intrapreneurs whilst establishing high profile market leading companies to be ready for the new challenges that they will have to face as a result of disruptive technology, consumer demand and the aspirations of millennial workforce,” he said.

Welcoming the companies onboard, CA Sri Lanka President Lasantha Wickremasinghe said as a highly respected professional organization, the institute takes it upon their responsibility to give the necessary boost not only to enhance the standing of the accounting and finance professions, but also to be a catalyst in helping Sri Lanka’s achieve its growth goals.

“As a country, we have great potential to be a global player, and we believe this summit which attracts a significant representation of corporate leadership, will be the perfect platform to promote and stimulate upon the importance where both entrepreneurs and intrapreneurs  can take the lead to help Sri Lanka achieve it’s true potential,” Wickremasinghe said.

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First Capital Chief Executive Officer Dilshan Wirasekara, Senior Manager – Business Development and Corporate Planning Kosala Liyanagedara and Manager Branding and Marketing Services Nisansala Munasinghe exchanging the sponsorship cheque with CA Sri Lanka President Lasantha Wickremasinghe, Vice President Jagath Perera, Conference Committee Chairman Tishan Subasinghe and CEO Aruna Alwis
First Capital Chief Executive Officer Dilshan Wirasekara, Senior Manager – Business Development and Corporate Planning Kosala Liyanagedara and Manager Branding and Marketing Services Nisansala Munasinghe exchanging the sponsorship cheque with CA Sri Lanka President Lasantha Wickremasinghe, Vice President Jagath Perera, Conference Committee Chairman Tishan Subasinghe and CEO Aruna Alwis