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“The dynamic Blue Ocean Group of Companies, has evolved over the years to become a versatile conglomerate, and adopts an inspired namesake from the “Blue Ocean Concept”; one that describes growth and profit. With a diverse portfolio to its name that includes its flagship brand Blue Ocean, the Group takes bold strides as it strives to uphold a reputation of ethical, innovative and constructive practices not only in Sri Lanka but in the Asia Pacific regions”.
The Group’s Chairman Mr.S. Thumilan, with his own illustrious portfolio is instrumental in the Group’s extensive diversification into spheres that include Education, Engineering, Construction, Real Estate, Corporate Consultancy, Trading, Electrical, Construction of Private Houses and Engineering Consultancy. However, “To be the most respected, ethically sound and socially responsible company,” has been the base of the entire conglomerate’s many endeavors, explains Mr. S. Thumilan. Embracing the “Blue Ocean Strategy” that describes the generation of growth and profit through innovation in a created and uncontested environment; the Group engages in its key markets in Asia Pacific, European, Middle East and East Asia regions.
Being a BOI approved company, Blue Ocean Group encompasses an umbrella solution to contractors and customers. “The sheer success of Blue Ocean is exclusively related with its breadth of services available for clients, under one roof. Because of its ubiquity, Blue Ocean is able to tailor its services to each and every specific client’s requirement both local and abroad, irrespective of location,” affirms Thumilan.
The brand Blue Ocean is positioned as the “Smartest Investment to Secure Your Wealth”, which offers higher level of Return on Investment for Sri Lankan and overseas professionals who are looking to invest. It is a branded icon in the property market and it complies with regulations and provides approved plans designed by architects complete with modern amenities.
As such, the layouts of the luxury apartments are complete with spacious rooms, privacy in access, fresh air ventilation and circulation for a superior modern outlook. Furthermore, convenience is ensured with wide access roads without traffic congestion amidst perfect landmarks. The surroundings are of uncongested, secure residential living environments and the affordable monthly maintenance costs are an added benefit. Buyers are also guaranteed minimum return, property exchange, a flexible payback schedule and support in obtaining Bank Loans. The company’s services also include precise legal documents for the purchase and are assured on-time occupation.
One of the Company’s indispensable assets is its highly qualified and experienced human resources including Chartered Architects, Chartered Engineers, Chartered Accountants and other professionals in related fields who have garnered extensive exposure and industry experience locally and abroad. The customers can be rest assured with high-profile skilled personnel that form the team. “In comparison with market standards; our professionals are highly capable of contributing to real value, through their competency and experience.” acknowledges Mr. Thumilan, while much emphasis is laid on the quality of work; clients are further attracted by the sheer volume of work undertaken and delivered within a scheduled time-frame.
Blue Ocean apartments have residential rooms that are aesthetically designed in an idyllic setting to deliver sophistication with elegance. The private balconies where you can overlook the sea and the city view accentuates the tranquility. Bedrooms merge luxurious and modern amenities, while entertainment is provided in a sophisticated cosmopolitan setting. Adding to convenience, all properties are located right in the heart of Mount Lavinia at College Avenue, Samudra Mawatha, Templars Road, Siripala Road and in busy Bambalapitiya -Retreat Road, and hence are intended for both residential and business purposes. While apartments are, being prepped for occupation, some apartments ownership are already gained by local and foreign clients.
In the backdrop of a booming property market, Mr. Thumilan notes, “where owners now experience higher appreciation of property values, the credit is due to the Government for implementing favourable policies towards the growth of the economy and in turn increased demand for property.” Through Sales and Repurchase Arrangements and with Real Estate Advisor y Management the company’s objective is to make property investment a moveable liquid asset enabling investors to cash their properties at the prevailing appreciated market price whenever they wish to dispose their acquired properties.
Blue Ocean does not only focuses on traditional construction but also endeavors to develop innovative services to enhance the value of the customer’s property and investment by creating opportunities for customers; for instance, the provision of Property Exchange facilities to prospective customers who are unable to afford liquid cash transaction. With this innovative programme the company purchases prospective customers’ existing island-wide properties in return for setting-off their asset values against the customers’ intended investment values with the company. Further, “Blue Ocean Properties” is engaged in buying and selling of properties; Blue Ocean Investment opens up opportunities for investors in a lucrative Real Estate Market, and Global Arena focuses on import of high quality, aesthetic furniture from Malaysia, China and Singapore.
Aside from Blue Ocean, the Group has branched out extensively with a number of subsidiaries. To name a few of its vast portfolio; Knowledge Base Business Studies moulds successful leaders geared to take on the business world; Knowledge Base Associates is one of the leading providers of assurance, tax and financial advisory services through a knowledge-based approach. The Group’s KBBS – Knowledge Base Business Studies is a pioneer institute specializing in conducting classes for major professional accountancy bodies such as ACCA, CIMA and CA Sri Lanka and has produced many success stories in the history of accountancy profession in Sri Lanka by obtaining numerous prizes for the best performance in the professional accountancy courses including 16 subject prize winners in ACCA and CA Sri Lanka.
The Group attributes its success to the solid strategic direction devised by qualified and experienced corporate planners and transparent professionalism. “As our customer base expands daily locally and globally, we at Blue Ocean Group have a strong vision to be the most respected, ethically sound and socially responsible company and I trust this vision will prevail through our achievements, whilst we will also continue to focus on acquisitions and mergers as well as strategic partnerships as a part of the overall strategic intent,” states Thumilan.