SDG 0.00% 7.3¢ sunland group limited

Ann: Sale of Lot 917 The Lanes for $16.0 million, page-3

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  1. 23 Posts.
    lightbulb Created with Sketch. 19
    Yes it was a little bit confusing (I was also scratching my head initially).
    "Balance over 4 quarterly payments" is referring to the balance of the deposit. That is, the deposit of $3.2m will be paid as $1.6m plus 4x$400k.
    There will be $12.8m (80%) remaining to be paid at settlement.
 
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