Colombo Land moves to merge Liberty Holdings into parent entity

Colombo Land and Development Company PLC will amalgamate its fully owned subsidiary, Liberty Holdings Limited, with the parent entity, following board approvals granted on 25 November 2025.

In a corporate disclosure, the company said Colombo Land will continue as the amalgamated entity, adding that its board believes the move is “in the best interests of the Company and its subsidiary, Liberty Holdings Limited.”

The amalgamation will take effect no sooner than 20 working days from the publication of the required notice in the Government Gazette and newspapers. Both companies are set to file the necessary documentation with the Registrar General of Companies under the Companies Act to proceed with 
the merger.

A further announcement will be issued once the Certificate of Amalgamation is received, the company said.