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March 18 (Reuters) - Sunland Group Ltd (SDG) : CONDITIONAL SALE...

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    18/03/21
    12:25
    Post #: 51863530

    March 18 (Reuters) - Sunland Group Ltd (SDG) :

    • CONDITIONAL SALE OF ITS 15,000SQM SITE FOR $43.5 MILLION
    • SALE OF BOTH CONTRACTS TO CONTRIBUTE ABOUT $4.3 MILLION NET PROFIT AFTER TAX IN FY2022
    • SALE INVOLVES TWO SEPARATE CONTRACTS, BOTH CONDITIONAL UPON RECONFIGURATION AND SUBDIVISION OF LAND.
    • CONSOLIDATED PROPERTIES GROUP WILL PROCEED WITH PURCHASE OF MAJOR PART OF LAND FOR $35.5 MILLION
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