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First Capital drives financial empowerment in Jaffna with expert-led investor awareness sessions

First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, successfully hosted a two-day event in Jaffna on 28th and 29th August 2025, aimed at educating the region on wealth creation and growth opportunities through capital markets. Conducted under the theme “Growing Wealth Through the Power of Capital Markets – Meet the Experts from Sri Lanka’s Leading Investment Institution,” the initiative represented a significant step in bringing practical investment knowledge and business advisory insights to the Northern region.

The sessions, held at Hotel Thinnai (in collaboration with The Management Club – Jaffna Chapter and Consultant Doctors) and at Hotel Jetwing Jaffna, brought together business leaders, professionals, and entrepreneurs, offering guidance on building personal wealth through capital markets and scaling up business operations.

Key speakers included Mr. Rajendra Theagarajah, Chairman of First Capital Holdings PLC, Mr. Kavin Karunamoorthy, CEO of First Capital Asset Management Limited, and Mr. Atchuthan Srirangan, Vice President – Corporate Finance & Advisory, First Capital Holdings PLC. Discussions highlighted smarter alternatives to traditional savings and the importance of regional participation in inclusive economic growth.

Speaking on the initiative, Mr. Kavin Karunamoorthy, CEO of First Capital Asset Management Limited said, “At First Capital, we believe that financial empowerment begins with education. By sharing these insights in regions like Jaffna, we are enabling communities to make informed investment decisions that can grow personal wealth and secure long-term financial stability. At the same time, we are providing guidance to local entrepreneurs and businesses, helping them identify growth opportunities, access capital, and take strategic steps to scale their operations. Our goal is to ensure that both individuals and businesses in every region of Sri Lanka have the knowledge, tools and support they need to participate meaningfully in the country’s economic growth and create a sustainable future for themselves and their communities.”

In addition to personal investment guidance, First Capital also presented how its advisory arm, First Capital Advisory Services (FCAS), can support businesses seeking to scale. FCAS specializes in corporate finance advisory, including debt and equity capital raising, mergers and acquisitions, valuations, and other growth-focused advisory services. Licensed by the Securities & Exchange Commission of Sri Lanka, FCAS aims to enhance shareholder value and accelerate business growth.

The Jaffna sessions are part of First Capital’s broader commitment to expanding access to capital market knowledge and advisory expertise across Sri Lanka, ensuring communities are equipped to build sustainable financial futures while supporting the growth of local enterprises.

As a subsidiary of JXG (Janashakthi Group), First Capital brings decades of trusted expertise and stability, reinforcing its role as a partner in Sri Lanka’s journey toward inclusive national development.

Kavin Karunamoorthy, Chief Executive Officer – First Capital Asset Management Limited

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About First Capital Holdings PLC

First Capital Holdings PLC is a listed full-service investment institution in Sri Lanka, operating as a primary dealer, corporate finance advisor, wealth manager and stockbroker. With strong emphasis on upholding stability, fostering a competitive advantage, and providing an exceptional customer experience, together with the support of JXG (Janashakthi Group), First Capital focuses on staying true to its ‘Performance First’ ethos. The company has been recognised as the Most Valuable Consumer Brand in the Investment Banking sector by Brand Finance for two consecutive years. With over four decades of expertise in providing capital market solutions, the Credit Ratings of First Capital Holdings PLC and First Capital Treasuries PLC (subsidiary) were upgraded by Lanka Credit Rating Agency Limited (LRA) from “A” to “A+” with the outlook revised from positive to stable.

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Mr. Rajendra Theagarajah, Chairman of First Capital Holdings PLC, addressing the gathering.

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