The Group's main property investment is a number of floors with a total floor area of about 6,098 square meters of the Guangzhou Mediterranean International Hotel located on Tianhe Road, Tianhe District, Guangzhou, People's Republic of China (“China”). The investment brings in recurring rental income of approximately HK$680,000 per month. Another property investment is a number of units with a total floor area of about 12,878 square meters located in Liwan Plaza, Shangshaijiu Road, Liwan District, Guangzhou, China. It was announced on April 25, 2008 that the Group sold its subsidiary Nanfang Liwan Plaza Co., Ltd. (“Nanfang Liwan”), whose sole asset is a number of units of Liwan Plaza.
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