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Sunland Group Limited (ASX: SDG) is an Australian development company headquartered in South East Queensland, Australia. The company was founded in 1983 by Iranian Australian businessmen Soheil Abedian and Foad Fathi. In June 2021 an application was submitted to deregister the company with the Australian Securities and Investments Commission, and in October 2021 it was confirmed the company would be wound up in 2023. Founder Soheil Abedian has said the company will continue as a private business.

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  • Sunland Group (en)
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  • Sunland Group Limited (ASX: SDG) is an Australian development company headquartered in South East Queensland, Australia. The company was founded in 1983 by Iranian Australian businessmen Soheil Abedian and Foad Fathi. In June 2021 an application was submitted to deregister the company with the Australian Securities and Investments Commission, and in October 2021 it was confirmed the company would be wound up in 2023. Founder Soheil Abedian has said the company will continue as a private business. (en)
foaf:name
  • Sunland Group Limited (en)
name
  • Sunland Group Limited (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/Sunland_Group_Logo.png
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foundation
founders
  • Soheil Abedian and Foad Fathi (en)
industry
  • Property development (en)
key people
  • Sahba Abedian, Managing director (en)
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  • Australia (en)
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  • Sunland_Group_Logo.png (en)
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  • Public company (en)
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  • Sunland Group Limited (ASX: SDG) is an Australian development company headquartered in South East Queensland, Australia. The company was founded in 1983 by Iranian Australian businessmen Soheil Abedian and Foad Fathi. In 1995 Sunland became a publicly listed company, and experienced success developing properties in the Gold Coast however in 2006 the Queensland Crime and Misconduct Commission concluded that the company and founder Soheil Abedian had made inappropriate concealed political donations and from 2009 to 2015 the company was embroiled in a bribery scandal related to property development in Dubai resulting in many directors of the company resigning, including James Packer who also recommended the company be liquidated. Concerns continued to be raised about political donations made on behalf of the company and by its directors up to 2019. In June 2021 an application was submitted to deregister the company with the Australian Securities and Investments Commission, and in October 2021 it was confirmed the company would be wound up in 2023. Founder Soheil Abedian has said the company will continue as a private business. (en)
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