Steradian Capital Investments

24/07/2026

Lanka Realty Investments PLC is committed to building sustainable communities whilst never wavering from their covenant to produce buildings of quality and a first class experience to the end user.

23/07/2026

LRI unlocks Rs. 2.26b through strategic transfer of Unity Plaza investment to Lee Hedges PLC.

Landmark transaction strengthens two listed companies, establishes dedicated commercial property platform and positions Group for next phase of sustainable growth.

Lanka Realty Investments PLC (LRI PLC) has successfully completed the strategic transfer of its 50.88% controlling stake in On’ally Holdings PLC to Lee Hedges PLC for approximately Rs. 2.26 billion, marking a significant milestone in the Group’s long-term strategy of creating a focused listed co...

22/07/2026

Lee Hedges appoints Archie Warman as Chairman; Afzal Ahamed Marikar and Noel Joseph join Board

Lee Hedges PLC has appointed Archie Warman as Chairman and Afzal Ahamed Marikar and Noel Joseph as Independent, Non-Executive Directors. The new appointments follows Lanka Realty Investments PLC acquiring 51% stake and Eighth Wonder 20.48% stake from Lee Hedges and Company Ltd., of Vamadhevan family...

16/07/2026

Hardy Jamaldeen, Managing Director - Lanka Realty Investments PLC, On’ally Holdings PLC and Lee Hedges PLC sits down with Dilusha Gamage of Ambeon Insights for an exclusive interview. Powered by Market Insights Sri Lanka & Ambeon Securities.

I had the pleasure of having a truly insightful conversation with Hardy Jamaldeen, where we spoke about his journey, the companies he leads, and how he creates value across his businesses.

In this discussion, you’ll discover:

•⁠ ⁠What shaped Hardy’s journey as a successful businessman
•⁠ ⁠The leadership philosophy that drives his decisions
•⁠ ⁠How value is created across ASCO, SHAW, and ONAL
•⁠ ⁠The group’s structure across three key verticals - commercial property, leisure, and land
•⁠ ⁠The opportunities that lie ahead in these industries

15/07/2026

Hardy Jamaldeen, Managing Director - Lanka Realty Investments PLC, On’ally Holdings PLC and Lee Hedges PLC sits down with Dilusha Gamage of Ambeon Insights for an exclusive interview. Powered by Market Insights Sri Lanka & Ambeon Securities.

I had the pleasure of having a truly insightful conversation with Hardy Jamaldeen, where we spoke about his journey, the companies he leads, and how he creates value across his businesses.

In this discussion, you’ll discover:
•⁠ ⁠What shaped Hardy’s journey as a successful businessman
•⁠ ⁠The leadership philosophy that drives his decisions
•⁠ ⁠How value is created across ASCO, SHAW, and ONAL
•⁠ ⁠The group’s structure across three key verticals - commercial property, leisure, and land
•⁠ ⁠The opportunities that lie ahead in these industries

02/07/2026

SCI Corporate Finance Update

We are pleased to announce that Steradian Capital Investments (Pvt) Ltd has successfully led another significant corporate finance transaction the divestment of Lanka Realty Investments PLC’s 51% stake and Eighth Wonder Investments (Pvt) Ltd’s 49% stake in Lanka Realty Developments (Pvt) Ltd to Lee Hedges PLC.

The transaction forms part of Lee Hedges PLC’s acquisition of 100% of Lanka Realty Developments (Pvt) Ltd, with a total transaction value of Rs. 3.157 billion equivalent to approximately USD 10.15 million.

This transaction strengthens Group alignment, enhances liquidity, and supports long-term value creation across the Lanka Realty Investments Group.

SCI remains committed to driving corporate finance excellence through strategic transactions, sell-side advisory, proactive asset management, and value-enhancing restructuring initiatives across the Group.

01/07/2026

SCI | Freehold Disposal of Grade A Commercial Office Asset

SCI acted as exclusive transaction advisor to Lee Hedges PLC on the Rs. 2.70 billion (approximately USD 8.68 million) disposal of the freehold commercial office property at No. 353, Galle Road, Colombo 03.

This off-market transaction was originated, structured, negotiated, and successfully executed by SCI. Our advisory mandate included transaction origination, buyer identification, transaction structuring, commercial negotiations, legal due diligence coordination, valuation management, and end-to-end ex*****on support on behalf of the seller.

The transaction reflects SCI's continued focus on unlocking value from strategic real estate assets, enhancing liquidity, and delivering long-term value creation for our clients.

Read further: https://www.ft.lk/front-page/Amana-Bank-acquires-ownership-of-Corporate-Office-premises-from-Lee-Hedges-for-Rs-2-5-b/44-793929

22/06/2026

Hardy Jamaldeen, Managing Director - Lanka Realty Investments PLC, On’ally Holdings PLC and Lee Hedges PLC sits down with Dilusha Gamage of Ambeon Insights for an exclusive interview. Powered by Market Insights Sri Lanka & Ambeon Securities.

I had the pleasure of having a truly insightful conversation with Hardy Jamaldeen, where we spoke about his journey, the companies he leads, and how he creates value across his businesses.

View full interview here: https://youtu.be/ItXqvDp_cS4

In this discussion, you’ll discover:

•⁠ ⁠What shaped Hardy’s journey as a successful businessman
•⁠ ⁠The leadership philosophy that drives his decisions
•⁠ ⁠How value is created across ASCO, SHAW, and ONAL
•⁠ ⁠The group’s structure across three key verticals - commercial property, leisure, and land
•⁠ ⁠The opportunities that lie ahead in these industries

Unity Plaza W15 Collection HQ Colombo

12/01/2026

Lanka Realty Investments PLC (LRI) yesterday announced that it expects enhanced cash flow visibility and a materially strengthened balance sheet following the acquisition of a controlling stake in Lee Hedges PLC, marking a key milestone in the company’s ongoing turnaround strategy. The transaction...