Asian Growth Properties Limited

Industry: Real Estate

Main business locations: Asian region

Registered Office:
Portcullis TrustNet Chambers,
PO Box 3444, Road Town,
Tortola, British Virgin Islands

Incorporation date: 17 February, 2004

Listed on: London Stock Exchange Alternative Investment Market
Ticker: AGP.L

Financial highlights:
Net Profit: (2005) HK$ 14,412,000
Property assets: (2005) HK$ 1,496,725,000

Auditors: Deloitte Touche Tohmatsu

UK Solicitors: Stephenson Harwood

Main shareholders: S E A Holdings Limited

Subsidiaries:
- Ever Realty Limited (British Virgin Islands registered Investment Holding Company, 100% direct ownership)
- Global Success Holdings Inc. (British Virgin Islands registered Investment Holding Company, 100% indirect ownership)
- Grace Art Development Limited (Hong Kong registered Treasury Company, 100% direct ownership)
- Newsland Properties Limited (British Virgin Islands registered Investment Holding Company, 100% direct ownership)
- Rex Capital Development Limited (British Virgin Islands registered Company, 100% direct ownership)
- TTP (BVI) Limited (British Virgin Islands registered Investment Holding Company, 100% direct ownership)
- TTP (Diamond Hill) Limited (Hong Kong registered Property Development Company, 100% indirect ownership)
- TTP (Sha Tin) Limited (Hong Kong registered Property Development Company, 100% indirect ownership)
- TTP (Wanchai) Limited (Hong Kong registered Property Development Company, 100% indirect ownership)
- TTP Hong Kong Limited (Hong Kong registered Property Development Company, 100% indirect ownership)
- Vast Power Development Limited (British Virgin Islands registered Investment Holding Company, 100% direct ownership)

About the BVI company:

Asian Growth Properties Limited, as well as its subsidiaries, functions as an investor and developer of commercial, retail and residential properties in Asia. The company was incorporated in 2004.

Company's strategy is investing into those sectors of the Asian markets, where AGP has a competitive advantage; investing on a counter-cyclical basis within markets where future growth opportunities are identified; growing the AGP Group predominantly by the completion of the current developments; re-investing in further development property within the region. Principal projects of Asian Growth Properties are located in Hong Kong.

In January 2006 AGP's ordinary shares were admitted to the London Stock Exchange Alternative Investment Market.