DNH rebrands as First Capital Equities

Monday, 29 July 2013 00:00 -     - {{hitsCtrl.values.hits}}

Trading member of the Colombo Stock Exchange (CSE) DNH Financial Ltd. has rebranded as First Capital Equities Ltd. following the change of ownership. First Capital Holdings acquired a 70% stake in DNH Financial Ltd. from the ERI Group after the latter too was subject to change in controlling shareholders. Orient Capital holds a 30% stake in First Capital Equities. At present, the Board of Directors of First Capital Equities comprises Manjula Mathews, Dinesh Schaffter, Jehaan Ismail and Seedantha Kulatilake. First Capital Holdings has Treasury services, margin trading and DEX trading, wealth management, unit trusts and corporate finance. With the acquisition of First Capital Equities Ltd. (equity brokerage), a total financial solution can be offered to customers.