SDG sunland group limited
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News: SDG Sunland Group Says Directors Have Undertaken A Strategic Review Of Its Operations

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    20/10/20
    12:45
    Post #: 48232988

    Oct 20 (Reuters) - Sunland Group Ltd (SDG) :

    • DIRECTORS HAVE UNDERTAKEN A STRATEGIC REVIEW OF ITS OPERATIONS
    • PROPOSES TO SELL CERTAIN INVENTORY NOT CURRENTLY UNDER DEVELOPMENT AND COMPLETE DEVELOPMENT OF CERTAIN OTHER PROJECTS
    • PROPOSES TO SELL CERTAIN INVENTORY WHICH IS NOT CURRENTLY UNDER DEVELOPMENT
    • OBJECTIVE OF STRATEGY TO RETURN TO SHAREHOLDERS CURRENT NET ASSET VALUE, WHERE POSSIBLE, OF ABOUT $2.56 PER SHARE BY WAY OF DIVIDEND & PAYMENTS
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