Company filings and market news from across Sri Lanka's stock market.
Ambeon Capital said it acquired a further 3.95% of Ceylon Hotels Corporation, raising its stake to 10.79%, having paid about Rs 35.90–36.50 per share.
Ambeon Holdings PLC exited its 22.4% stake in Dankotuwa Porcelain PLC, divesting 36.422 million shares at Rs.20.50–23.70 each. Dankotuwa closed at Rs.20.70 on Friday, with net asset value per share at Rs.20.03 and Ceyline Investments holding 65%.
The public holding in Kandy Hotels Company (KHC.N0000) rose to 23% in August from 15.98% in June after non-public shareholders sold shares. Ambeon Holdings (GREG.N0000) bought a 6.09% stake for Rs 550.8m; KHC is a subsidiary of Ceylon Hotels Corporation (CHOT.N0000) and its stock closed at Rs 17.90 (up Rs 0.30).
Colombo market closed marginally up as the ASPI rose 0.2% (47 points) on turnover of Rs.7.46 bn while the S&P SL20 fell 0.2%. Dialog, Ambeon, Bukit Darah, Carson Cumberbatch and LOLC led gains, with EB Creasy, Sierra Cables, LVL Energy Fund and Raigam Wayamba also active and recording price gains.
Colombo ASPI rose 0.23% to 20,800.26 while the S&P SL20 fell 0.27% to 6,045.77. Alliance Finance said it will raise Rs1.5bn via listed unsecured subordinated bonds; Ambeon and Bukit Darah gained while Carson Cumberbatch fell.
Ambeon Capital said it acquired a 6.8% stake (12,310,543 shares) in Ceylon Hotels Corporation for Rs 320 million, paying Rs 26 per share; Ceylon Hotels shares were trading at Rs 32, down Rs 0.60.
Ambeon Holdings bought a 6.09% stake (45,904,622 shares) in The Kandy Hotels Company (1938) PLC for 550.8 million rupees at Rs12/share. Kandy Hotels, a subsidiary of Ceylon Hotels Corporation, was trading at Rs17.50.
Colombo Stock Exchange closed flat with the ASPI at 20,715.49 (+0.69) and market turnover of 10.52 billion rupees. Top contributors included Dialog Axiata, Sunshine, Royal Ceramics, Co-operative Insurance and Ambeon, while most banking stocks — including Commercial Bank, Sampath and HNB — closed lower.
Ambeon Capital PLC reported Q1 FY2025/26 PAT of LKR 731 Mn vs LKR 83 Mn a year earlier. Ambeon Holdings PLC posted PAT of LKR 677 Mn (from LKR 183 Mn) with revenue up 32% to LKR 3,985 Mn; Colombo City Holdings PLC (real estate) reported PAT LKR 67 Mn.
Ambeon Capital PLC reported Q1 PAT of Rs.731m (vs Rs.83m a year ago), while Ambeon Holdings PLC posted Q1 PAT of Rs.677m (vs Rs.183m); Ambeon Holdings revenue rose 32% to Rs.3,985m. Group said gains were driven by fair-value gains from strategic investments and noted a 14.1% stake in Capital Metals.
Ambeon Holdings PLC reported PAT of LKR 1,910 Mn for FY 2024/25, with PBT of LKR 2,260 Mn and consolidated revenue up 2% to LKR 17,522 Mn. The PAT decline of LKR 947 Mn versus the prior year largely reflects one-off gains in FY2023/24, including the 51% divestiture of Dankotuwa Porcelain.
Ravi Goonetilleke has been appointed as an Independent Non-Executive Director of Ambeon Capital PLC and its subsidiary Ambeon Holdings PLC. He brings over 30 years of banking experience, including 26 years at Deutsche Bank in Colombo.
Sri Lanka's ASPI closed up 1.42% at 16,578.22, led by banks and finance stocks, with a net foreign outflow of 892 million rupees. Top contributors included Ceylinco (+9.3%), Central Finance (+6.0%), Sampath (+2.1%) and NDB (+2.4%), while Ambeon saw heavy foreign selling.
Colombo's ASPI rose 7.4% in January, with yesterday's turnover at Rs.5.1bn and foreign net selling of Rs.405.6m. Price gains in counters including Central Finance, Colombo Fort Land & Building, Ambeon Holdings, Teejay Lanka and Ambeon Capital and activity in Access Engineering and John Keells supported the market recovery.
Ambeon Holdings increased its stake in Seylan Bank to 9.43% by buying 2.5m shares at Rs.79.50–80 (Rs.200m), adding to a prior purchase of 3m shares at Rs.70 (Rs.210m) in late Dec 2024.
Ambeon Holdings bought 3 million ordinary voting shares of Seylan Bank (0.98%), raising its stake to 8.61% at 70 LKR a share. The group has also acquired a 9% voting stake in DFCC Bank.
Colombo Stock Exchange closed higher as the ASPI rose 1.07% to 14,810 and turnover hit Rs9.23bn, the highest since Feb 7. Top contributors included Central Finance, Ceylon Cold Stores, Melstacorp, Access Engineering and Chevron Lubricants; net foreign outflow was Rs226m.
Ambeon Holdings (GREG.N0000) bought a 7.63% stake in Seylan Bank (SEYB.N0000), acquiring 23.274 million shares at Rs.58-60 each. The filing, by parent Ambeon Capital (TAP.N0000), described the purchase as a strategic investment.
Colombo Stock Exchange closed up: ASPI +0.47% to 12,357 and S&P SL20 +0.95% to 3,663, with turnover Rs 2.3bn. Top turnover stocks included John Keells (JKH 203.00), Sampath (84.00), Commercial Bank (110.25), Hayleys (103.00) and Hemas (81.00); net foreign inflow was Rs 118m.