## C M Holdings Secures Rs. 260 Mn Property Divestment 📈
• C M Holdings PLC has entered into a Sale and Purchase Agreement with Vogue Real Estate Ltd to dispose of its property in Thalangama South. • Transaction Details: • Total Sale Value: Rs. 260 million. • Property Size: 109.20 perches (valued at approximately Rs. 2.38 million per perch). • Payment Structure: An advance of Rs. 26 million has been paid; the remaining Rs. 234 million is due by 31 March 2026. • Financial Standing: • The company reported a strong retained earnings reserve of Rs. 6.8 billion and net assets of Rs. 467 per share at the group level (as of Sept 2025). • Major Shareholder: The Colombo Fort Land & Building PLC holds a 63.49% stake. • Market Performance: Following the announcement, the share price closed at Rs. 59.60, down by Rs. 0.70. The final Deed of Transfer remains subject to the full receipt of the purchase consideration. ---