First Capital relocates to Deal Place

Thursday, 21 March 2013 00:00 - - {{hitsCtrl.values.hits}}

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

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 with a net profit of Rs. 199 million during the nine months which ended on31 December 2012.

One of the best performing non-bank financial service providers in 2012, the First Capital Group raised five billion Rupees 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 six billion Rupees.

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.