Nov 25 (Reuters) - 360 Capital Group Ltd TGP.AX :
* GROUP IS FORECASTING A DISTRIBUTION OF 4.0 CENTS PER SECURITY IN FY21
* TARGETING EARNINGS TO BE ABOVE 4.0 CENTS PER SECURITY FOR FY21
* ISSUED PROPOSAL TO VP7 TO RECAPITALISE & RESTRUCTURE CO INTO REAL ESTATE FINANCE CO
* TERMS OF PROPOSAL TO VP7 INCLUDE CAPITAL RAISING OF $35 MILLION TO $100 MILLION IN NEW YEAR