Sunland Group
Stock Code
Stock Exchange
Sunland Group (SDG) specialises in property development and construction, with operations in the Gold Coast, northern NSW, Victoria, Brisbane, Sydney and Dubai. Other business operations of the Company incorporate the provision of project services, funds management, and hotel development. Sunland Group listed on the Australian stock Exchange on February 28, 1995. The Company is organised into four business segments which are Australian and International property development, hotel investments and operations, project services and funds management.
Study the dividend history for SUNLAND GROUP LIMITED. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth. Companies are not required to pay dividends.
Sunland Group (SDG) may face legal actions from Dubai based Real Estate development company Nakheel in the United Arab Emirates over a transaction involving land purchase which sent two Australians to jail. Ex-Nakheel employee Matthew Joyce and Marcus Lee have already spent nine months in jail on fraud allegation and got released on bail. The transaction is related to the purchase of waterfront land in Dubai during the year 2007.
Sunland Group (SDG), a company that is involved in the business of property development and construction with concentrations on Sydney, Victoria, Gold coast, northern NSW, Brisbane and Dubai has boosted its yearly profit expectations by as much as 15 to 20 percent due to the house and land settlements that came earlier than expected. The company is currently expecting to post a $17 to $18 million worth of profit at June 30th.
BlueScope Steel (BSL), a major investor in the steel industry that focuses in Europe, North America and Asia Pacific was the best performing stocks in ASX100 index for the 29th week that saw a rise of 15.7 percent or 38 cents in its stock price closing the week at $2.80.
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