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Capital Alliance kicks off Virtual Investor Forum

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Sharmali Perera - Group Chief Risk Officer,Somadasa Palihawadana- Managing Director Capital Alliance Limited (CALT) Ajith Fernando - CAL Group CEO, Sanura Silva - Assistant Vice President of Capital Alliance Limited (CAL),Damien Rayen - Assistant Vice President Capital Alliance Limited (CALT)

Capital Alliance Limited (CALT), one of Sri Lanka’s non-bank primary dealers is pleased to announce the successful conclusion of its Virtual Investor Forum. The event was held to bring together investors from across a wide spectrum of disciplines, both foreign and local, to discuss CALT’s upcoming Initial Public Offering (IPO) scheduled for the 25th of November, 2021. Through this event, investors were able to meet and understand the Company’s management team and future growth strategies.

Institutional investors, high-net-worth individuals and retail investors alike, keenly participated at the Investor Forum, engaging in in-depth conversations with key stakeholders of CALT. As a part of the wider Capital Alliance Group (CAL), CALT is able to draw from the Group’s wealth of experience, having been in business for over two decades.

Discussing the successful conclusion of the Investor Forum, Ajith Fernando, Chief Executive Officer of the CAL Group said, “We’re pleased to have been able to convincingly present our case to investors and discuss the value that CALT brings to the table. Wide-ranging questions were raised during the session, which we were able to answer satisfactorily, leaving potential investors in no doubt of our position and goals for the future. As we get nearer to the opening date for the IPO, we take this opportunity to reaffirm our commitment to our prospective investors, clients, and all other stakeholders. We look forward to the next chapter of our growth story, as a publicly listed company.”

Capital Alliance Limited will offer 41,177,236 shares to the public (for a 12.5% stake) at an IPO price of LKR 10.00 per share. The Issue will raise LKR 411,772,360 which will be channelled towards strengthening the core capital of the Capital, thus allowing it to expand its investments into specific instruments which will generate returns to its shareholders.

Established in the year 2000, CALT began its journey as a Debt Securities Dealer and eventually was appointed as a Primary Dealer by the CBSL. CALT is a constituent of the larger Capital Alliance Group (CAL) and forms the Securities Trading arm of the Group, dealing in a wide array of instruments such as Government Securities and Corporate Debt Securities. CALT will be the first standalone Primary Dealer to list their equity shares on the CSE. The CAL Group has become one of the leading Investment Banks in Sri Lanka, offering Equity and Debt Advisory, Stockbroking, Fund Management, Private Equity and Securities Research services to a wide clientele.



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From import to export – Finch Foods expands international retail presence to Australia

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Finch Foods booth exhibiting at Foodex Japan in Tokyo

Finch Foods – pioneering Sri Lankan FMCG brand – is furthering its international expansion with the launch of its retail presence in Australia. The move marks yet another turning point for the homegrown company, following four international market launches under the Finch Foods brand within the space of just three years, a company news release said on Wednesday.

This milestone entry includes a dedicated e-commerce site, a listing on Amazon AU, and ongoing discussions with major supermarket chains, specialty stores, and distributors. Australian consumers can now access Finch Foods’ extensive portfolio of high-quality signature spices and seasonings, coconut products, gluten-free flours, ayurvedic and herbal products, and natural food colourings that showcase the rich variety and distinctiveness of Sri Lankan ingredients, it said.

“Australia has always been a key market for Finch Foods – one with immense potential to enter, develop, and scale,” says Fawaz Fassi, Founder & Managing Director of Finch Foods. “This expansion reflects the growing global demand for authentic Sri Lankan heritage ingredients, and we are excited to bring our unique offerings to Australian consumers.”

Founded in 2015 as a 100 per cent import-driven company, Finch Foods entered the food industry by becoming the exclusive agent for renowned international brands such as Bragg Live Foods (USA), The Berry Company (UK), Kewpie (Japan/Malaysia), Cornish (UK), Pokka (Singapore), and Nando’s Grocery; bringing superior flavours and ingredients from around the world to Sri Lankan consumers.

However, the global pandemic followed by local economic instability severely tested this business model, and in just a few years since inception, it was time for the company to rethink its operations. In 2022 Finch Foods set its sights outwards by looking inwards; having discovered that there was a wealth of incredible spices, herbs, and ingredients to be found right here in Sri Lanka – robust and nuanced flavours that would surely intrigue culinary tastebuds from around the world.

“As a pioneer in culinary innovation, our vision is to harness the rich and diverse culinary tradition of Sri Lanka while also bridging the growing disconnect between food and its heritage,” Fassi adds. “At Finch Foods, we recognized the need to add unique value to our products—offering new and exciting options for consumers while distinguishing ourselves from more traditional exporters in the market.”

In 2023, Finch Foods celebrated the opening of its first independent store in Havelock City Mall, Colombo, and expanded its international footprint; establishing a retail presence in Hong Kong, the Czech Republic, and Canada, becoming a key supplier to Japan, and securing a partnership with global retail giant Lulu Group in the UAE. This shift to exports has allowed the company to adapt to different market requirements, leveraging its wide product range to remain flexible in catering to diverse consumer needs.

“As Finch Foods continues to expand its distribution network and strengthen its presence in Australia, the company is also poised to to focus on accelerating its global expansion, breaking into new markets, while also further diversifying its product portfolio,” the release concluded.

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Dearo Investment partners with Ceylinco General Insurance to enhance customer benefits

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Officials of Dearo Investment and Ceylinco General Insurance exchanging the MoU

Dearo Investment Pvt. Ltd. has signed an MoU with Ceylinco General Insurance to provide an insurance scheme for its customers. Under this agreement, every customer who transacts with Dearo from anywhere in the country will receive insurance coverage. The MoU was officially signed on 26 Feb, 2025. The signing ceremony was attended by key representatives from both organisations. Dearo Investment was represented by Chief Executive Officer and Managing Director Prasanna Sanjeewa and Chief Operating Officer Niranjan Warnasooriya, while Ceylinco General Insurance was represented by General Manager S. Thilakesh, Assistant General Manager V.K. Gunathilaka, Area Sales Manager N.G.C. Gunarathna, and Senior Marketing Executive Keshara Hasun. Dearo Investment has flourished as a trusted name in the financial sector with its highly experienced Board of Directors, including Prabash Gunaratne, Upul Edirisuriya, Tharindu Dhananjaya Samarawickrama, Niranjan Warnasooriya, and Thilini Kalhari Ekanayake.

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The Residencies Kotte by ICC nears completion ahead of schedule

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The Residencies Kotte by ICC is making remarkable progress, moving ahead of schedule towards completion (December 2025). With ICC’s proven track record of on-time delivery and availability running low, this is a rare opportunity to invest in a home that blends modern luxury with a thriving community, said a release.

It said: Now in its final phase, key milestones are being completed at an accelerated pace. From the striking façade to the finishing touches within each apartment, every element is meticulously crafted to meet ICC’s highest standards.

As The Residencies Kotte nears completion, demand has surged. With all two-bedroom apartments already sold out, only a limited number of three-bedroom units remain available. This overwhelming response is a testament to the unmatched value, world-class amenities, and most importantly, the prime location. Nestled in the heart of Kotte, this development offers unparalleled convenience—situated in a highly sought-after neighbourhood that seamlessly blends urban connectivity with the tranquillity of a well-established residential area.

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