Our Subsidiaries
DPMC Assetline Holdings (Pvt) Ltd
Formerly known as DPMC Financial Services (Pvt) Ltd, DPMC Assetline Holdings (Pvt) Ltd is an investment company that manages share portfolio and owns five subsidiary companies namely, Assetline Leasing, Assetline Securities, Assetline Insurance Brokers, Assetline Capital and DP Corporate Services. Its main concentration of the capital market and fund-based activities has resulted in the company becoming a leading service provider in the island.
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The flagship company of DPMC Assetline Holdings (Pvt) Ltd, Assetline Leasing Co Ltd is now one of the foremost leasing companies in the country. Started in September 2003, Assetline Leasing is categorised as a large company in the specialised leasing sector. Their product and service portfolio comprises leasing, hire purchase and micro-finance. The company is the market leader in motorcycle and Three Wheeler leasing segments, thereby making a significant contribution to Sri Lanka's transport sector.
Assetline Leasing customer base comprises various segments of society including the self-employed, salaried employees of both public and private sectors, small and medium enterprises (SMEs) and those in the agriculture sector. The company takes pride in helping out especially the SME sector, the driver of innovation and competition of the economy. With over 30 branches island-wide, Assetline Leasing is represented in all the nine provinces and enjoys strong market acceptance.
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Based on industry insight, Assetline Securities provides a personalised service to its valued customers, helping them add value to their equity portfolios.
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With a view to protecting the interests of their clients, Assetline Insurance Brokers provides the most appropriate insurance schemes in the market.
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Assetline Capital provides credit facilities at competitive interest rates so that customers can build their equity portfolio and make profits by share trading at the Colombo Stock Exchange.
DP Logistics (Pvt) Ltd, the Group's logistics arm, was established with the objective of adding value to the logistics operations of David Pieris Motor Company Limited. With its solid experience in the field, the company gradually expanded its scope to include external customers. DP Logistics has since grown in stature, providing a range of logistics solutions both in Sri Lanka and overseas in the areas of ocean freight, air freight, customs brokerage, warehousing and transportation.
In the business of importing and distributing high-performance, cost-effective data network products, designing and implementing IP video surveillance solutions and biometric access control, time attendance solutions, video analytical software, mobile computers and printers, David Pieris Information Technologies Limited has become a force to reckon with.
David Pieris Motor Company (Lanka) Limited
David Pieris Motor Company (Lanka) Limited has its roots as a BOI registered company under the 'Nipayum Sri Lanka – 300 Enterprises Programme'. Occupying approximately 23 acres, it houses the largest automotive plant in Sri Lanka. Bajaj three-wheelers are now assembled at the Manufacturing Complex of David Pieris Motor Company (Lanka) Limited at a modern factory in the Hambantota District in the south of the country.
David Pieris Automobiles Limited
The smart budget car Chery QQ is now one of the most familiar names in the Sri Lankan automobile industry. Through a partnership between David Pieris Automobiles Limited and Chery Automobile, China's largest and fastest growing independent automaker and its biggest exporter, this affordable and cost-effective product was made available in the Sri Lankan market. Chery QQ is one example of how a little hatchback can make a huge road statement with its appealing look and comfortable, elegant interior. The vehicles are subjected to meticulous pre-delivery inspection at a modern facility complex to ensure conformity to manufacturer's specifications while a dedicated island-wide spare parts and field service team guarantee a superior after sales service.