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Nov 21 (Reuters) - Wellard Ltd (WLD) Seeks to clarify...

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    21/11/16
    11:56
    Post #: 20759861

    Nov 21 (Reuters) - Wellard Ltd (WLD)

    • Seeks to clarify information related to a news article that appeared in an article in australian on friday 18 november 2016
    • Wellard notes there is no company called Wellard Group
    • WGH holdings advises that standard chartered has no loans to WGH Holdings, a company owned by Wellard CEO Mauro Balzarini
    • Advises that it does have land investments, and it is common knowledge that its land investments are available for purchase.
    • Standard Chartered has no loans to Wellard Limited, so has no debt in wellard limited which it could onsell
    • Wellard Limited does not hold land investments.
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