Scandinavian House Development
AG
 (“SHDAG” or the “Company”) inform that the
the company have sold Scandinavian House
Sweden AB and their daughter companies to J
Blomqvist Invest AB. It was a difficult decision, but
necessary because of the difficulties to get first
mortgage loan from mortgage institute in Vara. But
we are happy with the solution and have a profit
sharing agreement regarding the plot, Ritaren 48
in Vara.

2021-01-28
Contact: info@scandianvianhouse.net
SCANDINAVIAN HOUSE DEVELOPMENT
AG

c/o MOORE STEPHENS LUZERN AG
Obergrundstrasse 61
6003 Luzern, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net
Exchange: NYSE Euronext Paris
Market: Marché Libre
ISIN: CH0220529603
Symbol : MLSHD
Disclaimer; Forward-Looking Statements:
This announcement or any other statement from
SCANDINAVIAN HOUSE DEVELOPMENT AG
contains forward-looking statements that are
based on assumptions and estimations of
SCANDINAVIAN HOUSE DEVELOPMENT AG.
Words such as “estimate,” “expect“, “plan,”
“project” and “will” and similar expressions
identify such forward-looking statements. The
actual results may differ substantially from such
assumptions and estimations caused by various
factors. These forward-looking statements speak
only as of their dates and have been reasonable at
that time.
SCANDINAVIAN HOUSE DEVELOPMENT AG
undertakes no obligation to
publicly update or revise any forward-looking
statements. This or any other statement from
SCANDINAVIAN HOUSE DEVELOPMENT AG
does not constitute an offer or a solicitation of an
offer for the purchase or sale or subscription of any
securities of SCANDINAVIAN HOUSE
DEVELOPMENT AG in Germany, Switzerland or
any other country. This statement constitutes pure
information about the company. Each and any
investment into securities, particularly into shares
of young companies like SCANDINAVIAN HOUSE
DEVELOPMENT AG, bears high risks including a
total loss of the invested amount. Potential
investors generally should consult a qualified
advisor before taking any investment decision at all.