SDG sunland group limited
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News: SDG Sunland Group Expects To Continue With Its Development Operations & Sale Of Assets...

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    30/09/22
    11:35
    Post #: 63961645

    Sept 30 (Reuters) - Sunland Group Ltd (SDG) :

    • EXPECTS TO CONTINUE WITH ITS DEVELOPMENT OPERATIONS AND SALE OF ASSETS THROUGH FY23
    • AFTER APRIL 2023 AND BY 30 JUNE 2023, CO WILL HAVE NO FURTHER OR ACTIVE PROJECTS OR MATERIAL BUSINESS ASSETS REMAINING
    • AROUND JUNE 2023, CO MAY TAKE STEPS TO CEASE OPERATING AND IN THAT CASE DE-LISTING IS LIKELY OPTION
    • CO INTENDS TO MAINTAIN ITS LISTING ON ASX WHILST DIRECTORS CONTINUE TO ASSESS MOST APPROPRIATE WAY TO FINALISE STRATEGY
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