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MISSION

To proactively respond to customer needs by delivering quality solutions in an efficient, professional and ethical manner, in order to ensure customer satisfaction through a socially and environmentally responsible way.


VALUES

To Our Customers
To excel in understanding and responding to the product and service needs of our personal and corporate customers and to be the leader in providing value for money products tailored to meet customer needs.

To Our Staff
To maintain a challenging and rewarding working environment and culture that would attract, retain and develop committed employees, and to treat them fairly and equitably.

To Our Shareholders
To provide our shareholder with competitive, steady and sustainable returns.

To Our Regulators
To comply with the laws, rules, regulations, codes and international standards of good real estate practice.

To The Community We Serve
To act in a responsible manner in the interest of the nation.



HERITAGE

Ceylinco Selna Limited has the honour of being a part of Ceylinco Consolidated, the largest conglomerate in Sri Lanka. Consisting of over 110 subsidiary companies and employing more than 20,000 people, Ceylinco Consolidated traces its beginnings to 1939, when the Company was set up as an insurance company by the name of Ceylon Insurance Co., Limited.

From its inception, Ceylinco Consolidated has been a leader in Sri Lanka’s commercial development. The story of its founding and subsequent progress can be linked closely to the country’s emergence from a colonial plantation-based past to a modern economy in the developing world.

From its beginnings in the insurance sector, the Group has diversified into a multitude of sectors including commercial and merchant banking, finance and management, real estate and property development, diamond cutting and polishing, jewellery design and manufacture, e-commerce and information technology, printing and packaging, travel and tourism, transport and education.

The highly diversified activities of the Ceylinco Group extend beyond the shores of Sri Lanka to Singapore, Nepal, Malaysia, India, the United States, Australia, Belgium, South Africa, the United Kingdom, China, Thailand and Japan.



CEYLINCO SELNA LIMITED

Incorporated in May 2003, Ceylinco Selna Limited engages in Real Estate and Property Development. Ceylinco Selna Limited is a fully owned subsidiary of Ceylinco Securities & Financial Services Limited, a company known for its successes in the real estate sphere.

Apart from real estate development and the construction of homes, Ceylinco Selna Limited engages in property exchange, management, financing and broking activities. Therefore, the Company is in effect a total property solutions provider.

Through the Company’s property trading activities it has earned high returns in the last financial year alone. Among the real estate projects completed in Financial Year 2003/2004 are the Homagama Real Estate Project at an investment of LKR 38.4mn and the Borelasgamuwas Real Estate Project at a total investment of LKR 60.5mn.

Among the on-going projects is a LKR 14.6mn housing project in Madiwela, Kotte and LKR 54.4mn real estate project in Malabe.

Ceylinco Selna Limited has a capable team of professionals who are widely experienced in their respective fields. The Company is dedicated to further strengthening its 19-cadre team by providing continuous training and instruction.



LOOKING AHEAD TO THE FUTURE…

With a successful first year behind it, Ceylinco Selna Limited envisions further diversification within the real estate industry to encompass Township Development, Highway Developments, and Infrastructure Development in the future. Furthermore, Ceylinco Selna Limited hopes to expand its services to the high-growth Tourism Industry.

Among the Company’s near-term objectives are the expansion of services to other parts of the country in the form of a branch network and the expansion of services outside Sri Lanka. In the local setting, the Company hopes to expand to Kandy, Kurunegala and Matara while international expansion plans include the United Arab Emirates and Malaysia.



MAIN SPONSOR OF CEYLINCO SELNA LIMITED

The main sponsor of Ceylinco Selna Limited is Ceylinco Securities & Financial Services Limited (CSFSL), which is a reputed financial organization that engages in capital investments, merchant banking & related financial services, real estate development & trading, share trading & money broking, and foliage export. Furthermore, among the financial services provided by CSFSL are corporate finance related services, secretarial, legal, and credit related services.

Incorporated in July 1987, Ceylinco Securities & Financial Services Limited obtained official listing on the Colombo Stock Exchange in March 1994. In July 1994 CSFSL acquired controlling interest of Asian Finance Limited, which specialised in leasing and real estate services, enabling CSFSL to broaden its activities further.

Further acquisitions in later years enabled CSFSL to expand its activities to include money broking, share trading, and land exchanging. Moreover, the Company incorporated a BOI approved company to engage in township development and another to engage in the export of foliage.

CSFSL currently has eight branches located in strategic cities around the island.



CORPORATE INFORMATION

Name of the Company
Ceylinco Selna Ltd

Legal Form
A Public Company with limited liability incorporated in Sri Lanka on 09th May 2003under the Companies Act No 17 of 1982.

Registration Number
N (PBS) 1078

Accounting Year
31st March

Tax Payer Identification Number
134010789

Registered Office
No 55 1/1 Iceland Building Galle Road Colombo 03

Company Secretary
Mrs. Fazana Shareef
Chartered Secretary (FCIS/UK)
No 55 1/1 Iceland Building
Galle Road Colombo 03

Auditors
M/s KPMG Ford, Rhodes, Thornton & Company
Chartered Accountant
P O Box 186
Colombo

Bankers
Seylan Bank Ltd
Hatton National Bank Ltd

Lawyers
Ms. C P Malawaraarachchige
Attorney at Law
No 55 1/1 Iceland Building Galle Road Colombo 03


Business Address

No 54: Ananda Coomarswami Mawatha Colombo 03
Tel: 4715624,2301855
Fax: 2301854
E-Mail: selna@itmin.com
Web: www.ceylincoselna.com

 
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