Brief: Sunland Group Expects To Continue With Its Development Operations & Sale Of Assets Through FY23
30/09/2022 02:32
Sept 30 (Reuters) - Sunland Group Ltd SDG.AX :
* 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
Source text for Eikon: ID:nASX6DxMfv
Further company coverage: SDG.AX
((Reuters.Briefs@thomsonreuters.com;))
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