Ambeon Holdings partners with Redworks to win big at LACP Awards 2019

• Ambeon Holdings’ annual report was ranked 38th amongst the ‘Top 100 Reports Worldwide 2018/19
• The report also bagged the gold award in the conglomerate sector

The Annual Report 2018/19 of Ambeon Holdings PLC titled ‘Ambitions Aligned’ has been ranked 38th amongst the ‘Top 100 Reports Worldwide 2018/19’ at the recently concluded Vision Awards Annual Report competition organised by the League of American Communication Professionals (LACP), USA. Further, the report has been recognised with a Gold Award (joint) in the conglomerate sector. 

Vision Awards, organised by LACP, is the world’s most renowned annual report competition and attracts submissions from organisations across the world. Entries are received from across the globe and evaluated based on criteria such as first impression, report cover, narrative, creativity, letter to shareholders, report financials, message clarity and information accessibility. The Ambeon Holdings PLC Annual Report garnered 98 points out of 100 to be the only Sri Lankan entity to be among the top 50 regional entries. 

Accepting this accolade on behalf of Ambeon Holdings PLC, Group Managing Director/Chief Executive Officer of Ambeon Group, Murali Prakash stated, “We are certainly honoured that the company has been recognised in this global platform in par with well recognised global entities. Maintaining world class standards, this award also endorses our commitment to transparent reporting initiatives.”

Commenting further Prakash stated, “The FY 2018/19 was the year of transformation when the Group embraced change and experienced extensive restructuring initiatives. This included efficiency building measures and market development initiatives along with collective focus on optimised investments thereby increasing shareholder value. The annual report themed ‘Ambitions Aligned’ captured the transformative journey the Group underwent in building an agile, dynamic and sustainable conglomerate.” 

“Significant progress has been achieved thus far in creating a more cohesive organisational structure built on the platforms of moving first, channelling teamwork, inspiring each other, seeing beyond and actioning results as the core values. These are built on a robust platform firmly anchored onto governance, risk and compliance (GRC). As a listed entity, the Ambeon Group will continue to act responsibly and report transparently while we continue to build sustainable business models for all stakeholders in the years ahead,” Prakash concluded. 

Ambeon Holidings PLC is a much respected conglomerate with subsidiaries Taprobane Capital Plus Ltd. (a leading financial services provider with a wealth of experience in capital markets in Sri Lanka), South Asia Textiles Industries Lanka Ltd., (a leading manufacturer of exceptional quality weft knitted fabric specialising in knitting, dyeing, finishing, printing, brushing, sueding and anti-pin micro/polar fleece fabric for leading global brands such as Victoria Secret, Next, Marks & Spencer, Tesco, Calvin Klein, Decathlon and Adidas), Dankotuwa Porcelain PLC and Royal Fernwood Porcelain Ltd., (manufacturers of porcelain tableware and gift items for global giants such as Oneida, Macy’s, Country Road, Lenox, John Lewis, Crate & Barrel, Megros, Jasanmal, Ralph Lauren, the Walt Disney Company and Dilmah), Millennium I.T.E.S.P. Ltd. (Sri Lanka’s leading information systems solutions providers delivering IT solutions for many industries; including banks and finance, telecommunications, apparel and leading conglomerates) and Colombo City Holdings PLC (real estate).  

The Ambeon Group is powered and guided by the renowned corporate giants – the Galle Face Hotel Group, the Hirdaramani Group and Navitas Holdings.

The concept of the Annual Report 2018/19 was themed as ‘Ambitions Aligned’ which reflected the organisations transformative journey following the Group’s strategic transformation process. This also highlights the commitment of the stakeholder centric approach to business. The Annual Report was conceptualised and produced by Redworks a group company of the Ogilvy Group – Phoenix O&M Ltd. 

Redworks is the dedicated corporate communications arm of Ogilvy Group which is focussed on producing stakeholder material such as Annual Reports. Redworks Director Business Ishani Jayasinghe highlighted, “We are certainly happy to share the joy of this award with our client. Through the Annual Report we highlighted the dynamism of Ambeon Group which is resonated through the values of the Group.” 

The company specialises in compiling integrated reports in line with the guiding principles and fundamental concepts espoused by the International Integrated Reporting Council (IIRC). In addition to Annual Reports the company also engages in designing high-end company profiles, brochures, coffee table books and all types of external and internal stakeholder material.