TIDMSCGL

RNS Number : 8267N

Sealand Capital Galaxy Limited

04 October 2021

Sealand Capital Galaxy Limited

("Sealand" or the "Company")

Unaudited Interim Results

Sealand Capital Galaxy Limited (LSE: SCGL) announces that it has today published its unaudited Interim Results with respect to the Company and its subsidiaries. The Interim Results are available to view on the Company's website at http://scg-ltd.com/

Nelson Law, Executive Chairman commented:

"The COVID-19 outbreak has negatively impacted various economies that the Group operates in, and travel restrictions have been imposed. We are now leveraging our partner relationships with Tencent, Tenet and Alibaba to help overseas merchants access the huge Chinese market and sell their products and services; however, we are also proactively pursuing acquisition and joint venture opportunities to help develop our business, and we remain in discussions with a European business-to-business marketing technology company, initially with a view to obtaining an exclusive licence to use their technology in the Chinese market.

"In an ever-increasingly connected world, a process sped up further by COVID-19, the e-commerce bridges we are building between UK merchants and Chinese consumers seem more apposite than ever before.

"We continue to believe that our ability to offer commercial and logistical solutions to businesses in a world that is moving ever more rapidly towards online shopping and away from physical stores will be critical for the growth of the business."

-Ends-

 
 Enquiries: 
 Sealand Capital Galaxy Limited 
 Law Chung Lam Nelson, Executive    + 44 (0) 753 795 
  Chairman                           9788 
 
   Novum Securities Limited 
                                    + 44 (0) 20 7399 
 David Coffman                       9400 
 

Notes to Editors:

The Company's Shares are traded on the Official List of the London Stock Exchange's main market for listed securities under the ticker SCGL.

   Further information on Sealand is available on its website:   http://www.scg-ltd.com/ 

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IR UOSWRAKURRAA

(END) Dow Jones Newswires

October 04, 2021 02:00 ET (06:00 GMT)

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