Asia Capital PLC secures LKR 1.5 billion debt rebate

Asia Capital PLC has secured a LKR 1.5 billion rebate on a LKR 1.8 billion debt owed to Fast Gain International Ltd. This agreement, concluded on June 30, 2026, represents an approximately 83% reduction in the original obligation.

Managing Director Raju Radha stated that the rebate is part of a broader group restructuring programme intended to strengthen long-term debt sustainability and provide greater financial flexibility. The company noted that the move is designed to ensure the Group has the financial resilience necessary to pursue future growth and maintain its position within Sri Lanka’s financial services landscape.