Tag Archives: primary dealer

JANASHAKTHI GROUP: FROM FAMILY BUSINESS TO CONGLOMERATE

THE WORD JANASHAKTHI MEANS ‘THE STRENGTH OF THE PEOPLE’ AND IT BEGAN WITH A FAMILY OVER TWO DECADES AGO

Janashakthi Group Chairman Chandana de Silva and Managing Director/ Group CEO Ramesh Schaffter discuss the company’s humble origins and transformation into a leading diversified conglomerate in the country. They also share insights on how different businesses and people across the group are aligned to a single vision to embark on the transformational journey envisioned for the group and explore new avenues of growth.

Tell us how Janashakthi Group is creating synergies between its different business units for growth?

Schaffter: Our group’s businesses are leaders in their respective industries, and we have now aligned ourselves to further strengthen our business operations. This business model allows the group companies to share services and leverage synergies and access expertise across a range of functions. Our strength has been our leadership, both at management and board level, who bring a variety of skills and experience from diverse backgrounds. We believe operational excellence and customer service are essential requirements for growth and for staying ahead of the competition.

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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

 

PLATINUM BOND – Aug 2020

August 2020 – Platinum Bond – A medium to long-term Repurchasing (Repo) investment with a guaranteed return, backed by Government Securities.

  • Period 5 Years – Annual Interest 7%
  • Period 10 Years – Annual Interest 7.5%

Liquidity on your investment with 90% reverse-repo facility. Minimum investment Rs. 1,000,000.00

Conditions apply

In May of 2014 First  Capital Treasuries, was the first primary dealer to offer repo investment option beyond one year backed by Government securities with maturity beyond one year.

The First Capital Treasuries Platinum Bond will offer annual interest of 7%, and 7.5% respectively on maturities of five and ten years on a minimum investment of Rs. 1 million.

The investment is backed by Sri Lanka Government securities (Treasury bills/bonds), where the respective collateral will be logged in a Central Depositary System (CDS) account opened under the name of the investor.

Premature withdrawals and loan facilities are also available with this product in order to facilitate any urgent cash requirements of the investor, the company said.

For details : Tel No: +94 11 2 639 882, +94 11 2 639 898 | Email: anushi@firstcapital.lk | Web: www.firstcapital.lk

 

First Capital Treasuries PLC, is a primary dealer regulated by the Central Bank of Sri Lanka.

The Company is a subsidiary of First Capital Holdings PLC an investment bank with an impressive history of over 35 years, and is the only listed investment bank in Sri Lanka,