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Tuesday, 26 March 2013

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Expanding First Capital relocates at 2, Deal Place

First Capital Holdings PLC has moved its offices to a more conveniently located downtown address in Colombo to better serve the company’s growing client base.

The offices of the four subsidiary companies that make up First Capital Holdings now occupy three floors at No 2, Deal Place, Colombo 3, offering easier access, better parking and improved facilities to visiting clients.

The company has made a substantial investment to refurbish and equip the 11,500 square foot office space it has secured on a 10-year lease, a spokesman for First Capital said.

“The idea is to offer the high quality service that we are reputed for at premises which afford a more comfortable experience,” he said.

Comprising of First Capital Limited, First Capital Treasuries Limited, First Capital Markets Limited and First Capital Asset Management Limited, First Capital Holdings reported revenue of Rs 1,160 million and net profit of Rs 199 million for the nine months ended 31 December 2012.

One of the best performing non-bank financial service providers in 2012, the First Capital Group raised Rs 5 billion for a diverse group of clients through commercial paper, debentures and securitisations in the first nine months of the year, and had a fourth quarter pipeline of approximately Rs. 6 billion.

First Capital’s Board of Directors comprises Deshamanya Lalith De Mel ,Chairman, Manjula Mathews, Jehaan Ismail, Dinesh Schaffter, Nihara Rodrigo, Eardley Perera, Minette Perera and Nishan Fernando.

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