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Friday, 28 February 2014
Company Fact Sheet: Commercial Development Company PLC - COMD:N0000
About the company:
Established: 1980 Quoted Date: 1983-01-01 Sector: Land & Property
Commercial Development Company PLC is a Sri Lanka-based company engaged in property development and the provision of utility services to the Commercial Bank of Ceylon PLC. Its services include rentals of premises, vehicle hiring and other utility services. The Company's property is named Commercial House Building, which is located at number 21, Sir Razik Fareed Mawatha (formerly known as Bristol Street), Colombo 01. As of December 31, 2011, the Company was a subsidiary of Commercial Bank of Ceylon PLC.
Chairman: Mr B.R.L. Fernando
Managing Director: Mr W.M.R.S. Dias
Board of Directors:
Mr A.L. Gooneratne
Mr A.T.P. Edirsinghe
Mr L.D.A Jayasinghe
Mr U.I.S. Tillakawardana
Quote for the day
“Since investors are human and make mistakes, they're never 100% sure of their vision and whether or not their view is correct. So price adjustments take time as they fluctuate and a new consensus is formed in the face of changing market conditions and new facts. For some changes this consensus is easy to reach, but there are other events that take time to formulate a market view. It's those events that take time that form the basis of our profits.” - John W. Henry
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