May 15 (Reuters) - APN Property Group Ltd (APD) :
- FUM AT END OF APRIL STOOD AT $2,561 MILLION VERSUS$3,067 MILLION AT DEC 31, 2019
- IMPLEMENTED A RANGE OF EXPENSE REDUCTION MEASURES
- REDUCED ON ANNUALISED BASIS ABOUT 30% OF FY2019 OPERATING COSTS OF $14 MILLION
- EXPECTS TO PAY A FINAL DISTRIBUTION FOR FY20 OF ABOUT 1.55 CENTS PER STAPLED SECURITY
