Thakral Holdings Group (THG)

Shares / Stock Code

THG

Stock Exchange / Sharemarket

ax

Thakral Holdings Group (THG) is a specialist diversified property group engaged in the development and ownership of properties across Australia, Singapore and Japan. The principal operations and activities of the Thakral include investing in hotel, retail, commercial and residential properties; managing retail centers and commercial properties together with the development and sale of land and buildings. Thakral Holdings Group listed on the Australian Stock Exchange on 17 June, 1994. As at June 30, 2008, the Company held assets of value more than $1.5 billion, with net shareholder funds of over $810 million. The Company is organized in to three business segments comprising hotel, retail and commercial, and property development. During fiscal 2008, the Company completed the acquisition of five residential buildings (259 apartments), in Osaka, Japan. In 2000, THG completed the sale of its hotel-management business All Seasons to Accor Asia Pacific. The Company has assembled a well balanced management team having more than 20 years experience in the areas of Finance, Development, Property, Hotels and Legal.