M Power Capital celebrates 7 years of success and growth

Wednesday, 14 July 2021 00:00 - - {{hitsCtrl.values.hits}}

M Power Capital Director/CEO Jehaan Ismail

M Power Capital Securities Director/CEO Naween Samarasekera

Established in February 2014 with a vision to provide clients with innovative and customised solutions in corporate finance, M Power Capital (MPC) is celebrating seven years of hard won success and growth.

Founded by a group of experienced executives with operational expertise and a unique blend of skills in various fields, this multi-disciplinary team is equipped with tools and analytics to best serve their clients’ financial goals.

One of the company’s early successes was acting as the financial advisor to a mid-market apparel manufacturer in Sri Lanka, helping it to acquire the Sri Lankan operation valued at Rs. 650 million.

“As we celebrate our successes over the past seven years, we look forward to continuously providing our clients with innovative and practical financial support, helping them navigate through business challenges and minimise risks,” stated M Power Capital Securities CEO Naveen Samarasekera.

As a testament to this declaration MPC introduced Corporate Debt Structuring to its portfolio of services in May 2018 and has successfully mobilised Rs. 30 billion through asset backed securitisations and other Corporate Debt instruments, over a period of just 30 months.

Recently, MPC successfully formulated a three-year strategic plan for the merger between two large finance companies in Sri Lanka in 2020.

Last year, in response to the market demands, MPC established Minato M Power Capital Ltd., a Tokyo based operation which will, among other things, bring in much-needed FDI to Sri Lanka.

M Power Capital Securities Ltd., the debt finance and investment advisory arm of MPC, recently completed its first-ever rated asset backed securitisation, raising Rs. 3 billion for Commercial Leasing and Finance Company PLC.