COLOMBO, Sri Lanka – 24 August 2026
C T Land Development PLC, a prominent entity listed on the Colombo Stock Exchange (CSE), has announced a significant leadership change within its Board of Directors. Mr. J.C. Page, who previously served as the Non-Executive Deputy Chairman, has been appointed as the new Non-Executive Chairman of the company, effective 21st August 2026.
Leadership Transition at C T Land Development
The transition follows the stepping down of Mr. L.R. Page from the Chairman’s role at the conclusion of the company’s Annual General Meeting held on 21st August 2026. The Board of Directors subsequently approved the appointment of Mr. J.C. Page via a Circular Resolution dated the same day.
This strategic move sees a continuation of leadership within the experienced ranks of the company. Importantly, Mr. L.R. Page will not be departing from the company’s governance structure; he will continue to serve on the Board of Directors as a Non-Executive Director.
Adherence to CSE Listing Rules
The corporate disclosure, issued by Charuni Gunawardana, Company Secretary of C T Land Development PLC, explicitly states that the appointment adheres to Section 9.10.3 of the Listing Rules of the Colombo Stock Exchange. This ensures transparency and compliance with regulatory requirements governing listed entities in Sri Lanka.
The appointment of Mr. J.C. Page as Non-Executive Chairman is expected to provide continued stability and strategic direction for C T Land Development PLC as it navigates future growth and development within the dynamic Sri Lankan real estate and land development sector.
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