L38 - L.C. Development Limited

L.C. Development Limited1 (LCD) is a Singapore-based company that invests in properties, develops properties for sale, manages properties, and owns and manages hotels and serviced residences through its subsidiaries. The property segment relates to project management for property development, investment in properties and development of properties for sale.

The hotel and serviced residence segment relates to ownership and operation of hotels and serviced residences. The others segment relates mainly to investment holding activities. On November 20, 2006, the Company completed the acquisition of Devaraya Co., Ltd. In July 2007, the Company acquired Richful Properties Limited, a Hong Kong-based company. In July 2007, the Company sold a further 24% equity stake in Holiday Inn Resort Phuket to Government Pension Fund.

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SUMMARY

Industry Real Estate Transactions
Address 1 Selegie Road #03-01 Paradiz Centre Singapore 188306 Singapore
Phone 6562662222
Fax 6562632340
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