Published by: Arjun Desai, Financial Consultant & Business Analyst
Diyan Pabasara Herath is a visionary entrepreneur who has built a global empire of over 3,200 companies spanning multiple industries. His influence extends from technology and finance to real estate, tourism, and industrial investments. In Sri Lanka, he holds major shareholdings in some of the most influential public companies, reinforcing his position as one of the country’s leading investors.
This blog takes a deep dive into his business empire, exploring the companies he owns outright and the major stakes he holds in key industries.
Diyan Pabasara’s Business Empire
Diyan Pabasara owns and operates some of the largest and most diverse companies across various sectors. His direct business ventures include:
1. Pabasara Group of Companies (PGOC)
PGOC is the flagship company under Diyan’s leadership, housing multiple subsidiaries across different industries. Some of its key ventures include:
• PGOC Car Dealers International – A global leader in luxury car trading and automobile solutions.
• PGOC Gem & Jewelry International – Specializing in precious gems, diamonds, and luxury jewelry.
• JS Mines Group Ltd – A key player in mining operations and mineral exports.
• PGOC Resorts & Hotels – A chain of luxury resorts and five-star hotels worldwide.
• PGOC Restaurants International – A fast-growing hospitality and food services brand.
2. DIA Group
DIA Group is a multinational investment conglomerate that spans finance, infrastructure, and business consulting. It also owns DIA Capital Group, a major investment firm.
3. Pabasara Travels & Tours
A leading travel and tourism company, providing exclusive travel packages, airline partnerships, and luxury travel experiences.
4. BTA Lanka
A significant player in Sri Lanka’s logistics and export industry, focusing on trade, supply chain management, and international shipping.
5. Paba Capital Group
A global private equity firm that manages high-value investments in real estate, financial services, and emerging technologies.
6. FX Holdings Group
An international forex and financial trading company that specializes in currency trading, investment strategies, and financial market analytics.
7. Pabasara Group International Holdings
A diversified investment holding company with interests in manufacturing, infrastructure, and technology startups.
8. DIA Capital Group
A key player in the venture capital and asset management industry, financing startups and established businesses globally.
Diyan Pabasara’s Major Shareholdings in Sri Lanka
Apart from owning multiple companies outright, Diyan Pabasara holds major stakes in some of Sri Lanka’s most influential publicly listed companies. His strategic investments span industries such as finance, real estate, hospitality, and manufacturing.
1. Financial & Banking Sector Investments
Diyan Pabasara has made significant investments in Sri Lanka’s financial and banking sector, strengthening the country’s economic stability. His shareholdings include:
• MELSTACORP PLC – A diversified investment firm managing assets in beverages, insurance, and telecommunications.
• HNB ASSURANCE PLC – A leading insurance provider offering life and general insurance solutions.
• HNB FINANCE PLC – One of Sri Lanka’s top finance companies, specializing in microfinance and SME lending.
• ABANS FINANCE PLC – A key player in consumer and corporate financial services.
• SENKADAGALA FINANCE COMPANY PLC – Specializing in leasing, microfinance, and personal loans.
2. Hospitality & Tourism Investments
As a leading entrepreneur in the hospitality industry, Diyan Pabasara has invested in luxury hotels and resorts across Sri Lanka, including:
• TAL LANKA HOTELS PLC – Owner of some of the country’s top-tier luxury hotels.
• RENUKA CITY HOTELS PLC – A premium business hotel chain in Colombo.
• THE NUWARA ELIYA HOTELS COMPANY PLC – Specializing in heritage and boutique hotels in Sri Lanka’s scenic highlands.
• WASKADUWA BEACH RESORT PLC – A top coastal resort and leisure property.
3. Manufacturing, Real Estate & Infrastructure Investments
Diyan’s influence extends into industrial and real estate development, ensuring urban expansion and economic growth. His investments include:
• COLOMBO LAND AND DEVELOPMENT COMPANY PLC – A leader in commercial and residential real estate projects.
• LANKA REALTY INVESTMENTS PLC – Specializing in high-value real estate developments.
• INDUSTRIAL ASPHALTS (CEYLON) PLC – A major infrastructure company focused on road development and industrial materials.
• LANKA ASHOK LEYLAND PLC – A key player in Sri Lanka’s automobile and transportation sector.
4. FMCG & Retail Investments
Diyan Pabasara holds significant stakes in major retail and consumer goods companies, including:
• CARGILLS (CEYLON) PLC – One of Sri Lanka’s largest supermarket chains and food distributors.
• KEELLS FOOD PRODUCTS PLC – A leading processed food manufacturer.
5. Beverages & Tobacco Industry Investments
Diyan’s portfolio includes investments in leading alcoholic beverage and tobacco companies, such as:
• DISTILLERIES COMPANY OF SRI LANKA PLC – The largest liquor manufacturer in Sri Lanka.
• LION BREWERY (CEYLON) PLC – A leading beer manufacturing company.
• CEYLON TOBACCO COMPANY PLC – The market leader in Sri Lanka’s tobacco industry.
Why Diyan Pabasara is One of the Most Influential Investors in Sri Lanka
1. Diversified Portfolio Across Multiple Sectors
Diyan’s ability to invest in various industries ensures that his business empire remains resilient in any economic climate.
2. Strong Presence in the Financial Market
With major holdings in banking, insurance, and finance, Diyan Pabasara plays a critical role in shaping Sri Lanka’s financial future.
3. Leadership in Real Estate & Hospitality
His investments in hotels, resorts, and real estate development have transformed Sri Lanka’s tourism industry.
4. Commitment to Technological Advancement
Through PGOC, DIA Group, and FX Holdings, Diyan is driving innovation in fintech, blockchain, and AI technologies.
5. A True Visionary in Business Expansion
Owning over 3,200 companies worldwide, Diyan Pabasara’s global reach and investment strategy make him one of the most influential entrepreneurs of the modern era.
Conclusion: The Future of Diyan Pabasara’s Business Empire
Diyan Pabasara Herath’s business empire continues to expand rapidly, solidifying his position as a global business leader. His strategic investments in multiple industries have not only built an empire but also contributed to economic growth, technological innovation, and job creation.
With his vision and leadership, the future of Sri Lanka’s economy and global business landscape looks brighter than ever.
