What is the vision and business strategy of the proposed new entity?
The new entity’s vision is to be a world-class property company that delivers sustainable shareholder value through: · world-class products and services · value to customers · development of talent and human capital It will focus on its core competencies in the residential, commercial and serviced residence sectors, enhance fee-based component of its business, pursue prudent international expansion, improve its capital structure and exploit internet and e-initiatives.