Company Fact Sheet: Colombo Land & Development Company PLC - CLND:N0000

About the company:

Established: 1983                                   Quoted Date: 1986-03-19               Sector: Land & Property

Colombo Land and Development Company PLC is a Sri Lanka-based company engaged in property development. It is an investment property company, principally involved in leasing out investment property under operating leases, and also involved in the development of investment property. The Company is involved in mixed development projects, including Liberty Plaza Complex and People's Park Stage I in Pettah. As of December 31, 2013, the Company's subsidiaries included Liberty Holdings (Private) Limited, Anantya Global Solutions (Private) Limited, Liberty Developers (Private) Limited and Agrispice (Private) Limited.

Chairman:  Mr C.K.M. Deheragoda 

Managing Director: Mr D. Jayadeva 

Board of Directors:
Mr N.Y. Tong
Mr N.Y. Xing
Mr D.S. Jayaweera
Mr M.U.M.A. Sabry
Mr M.D.S. Goonatilake
Mr D. Jayadeva  (Alternate Director to Mr. N.Y. Xing)
Mr C.L. Jayawardena
Mr L.A.P.H De Silva
Mr S.A. Ameresekere (Alternate Director to Mr. M.D.S. Goonatilake)

52 Weeks Low: 33.00                                                              52 Weeks High: 48.00

Average Trading Volume: 193,120

Company Financial at a glance:

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Notes:
1. In 2002 existing ordinary shares were subdivided into 10 ordinary voting shares.
2. 32,550,000 Ordinary Shares of the Company were allotted on 23rd July 2003, pursuant to a 1:4 Bonus Issue.
2. Following a resolution made by the Board of Directors of the Company on 6 September 2004 a circular to shareholders was issued on 18 October 2004 announcing the issue up to a maximum of 68,160,000 share options at Rs.1 with a strike price of Rs.3. Accordingly, on 29 December 2010 notice was dispatched to the option holders inviting subscription to exercise the option, with the last date of acceptance being 12 January 2011. The share options had been exercised at Rs.4 per share and 37,131,008 options converted.

Total shares in Issue as at 31-03-2014: 199,881,008

Top 20 Shareholders as at 31/03/2014

The percentage of Shares held by the Public as at 31st March 2014 was 27.79%.

The percentage of Foreign Holding as at 30th June 2014 was 36.45%