Overview of Hudson Investment Group Limited's Quarterly Report and Activity Statement

Hudson Investment Group Limited (HGL) (ASX: $HGL) has released its Activities Report and Appendix 4C - Quarterly report for entities subject to Listing Rule 4.7B. The company is exploring potential Residential Development Application (DA) for the Bowen Hills QLD properties, in addition to the mix use DA approved in 2021, to provide the Company with additional options for the best use development of the property. The company remains focused on developing its current property portfolio to strengthen its strategic positioning for future growth. Directors and services fees in the amounts of $81,000 were paid during the quarter ended 31 March 2024.

Executive Commentary on Quarterly Report and Activity Statement

The Company is committed to maximizing the potential of its property portfolio through strategic development initiatives. The exploration of a potential Residential Development Application for the Bowen Hills QLD properties aligns with our long-term vision of creating sustainable value for our stakeholders. We believe that diversifying our development options will enhance our ability to capitalize on market opportunities and optimize the use of our properties. The payment of directors and services fees reflects our commitment to ensuring effective governance and leadership within the organization.

Summary of Hudson Investment Group Limited's Quarterly Report and Activity Statement

Hudson Investment Group Limited (HGL) (ASX: $HGL) has reported its Activities Report and Appendix 4C - Quarterly report, highlighting the exploration of potential Residential Development Application for the Bowen Hills QLD properties. The company continues to focus on developing its current property portfolio to strengthen its strategic positioning for future growth. The payment of directors and services fees demonstrates the company's commitment to effective governance and leadership. Looking ahead, the Company aims to leverage its property assets to drive sustainable value creation and meet its business objectives.