Senkadagala Finance : buys Candor Asset Management

Senkadagala Finance PLC is a Sri Lanka-based finance company. The Company's business includes providing financial accommodation in the form of finance leases, hire purchase, commercial loans and personal loans. Its business also includes pawning, corporate loans, foreign exchange transactions and the acceptance of term deposits and savings deposits. Its segments include finance leasing and hire purchase, pawning advances, other loans and receivables, investments, insurance brokering, and unit trust management. Its personal financing products include savings, fixed deposits, lending products, insurance and foreign exchange. The Company's corporate financing includes corporate debt and asset management products. It also provides stock brokering services. Its subsidiaries include Senkadagala Insurance Brokers (Pvt) Ltd, which is engaged in providing insurance brokering services and Senfin Asset Management (Pvt) Ltd, which operates and manages unit trusts and discretionary portfolios.