The Group's principal activity is real estate developing, leasing and franchising. The Group also engaged in two kinds of real estate operations. The first is the acquisition, development, holding and leasing of land and buildings used to house warehouse clubs, department stores and family stores. The second is property development principally involving the acquisition, horizontal development and sale of land for residential communities and commercial lots adjacent to warehouse clubs, and the development of shopping malls anchored by warehouse clubs. The Group real estate operations primarily through Uniwide Sales Realty and Resources Corp.
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