Separately, the company expects to complete two proposed disposals in December, namely, the Sir Stamford property at Circular Quay in Sydney, Australia and another proposed disposal of the Stamford Plaza Auckland in Auckland, New Zealand
Following the completion of the above disposals, Stamford Land expects to record a gain on the disposal in its 2HFY2023 ending March 31, 2023.
Shares of Stamford Land closed flat on Oct at 36 cents.
