Libra Group Creates First Oriental

January 1, 2004

Libra Group has created First Oriental, a specialist real estate investment and development company for Southeast Asia. It represents Libra’s first foray into residential real estate in the region, beginning with the acquisition of 120 properties in Singapore’s prime residential areas. This launch portfolio, covering a diverse range of high-end and luxury developments, combines local understanding with proven financial expertise.

“Southeast Asia is a fascinating region for investment and development,” commented a Libra Group spokesman. “These properties are very much in demand and offer the very latest in design, comfort and living standards for a discerning market.”

Further developments and projects in the First Oriental pipeline include an ultra-luxurious apartment complex in the heart of Bangkok and the creation of a six-star luxury hotel and residences complex on the island of Koh Samui. First Oriental as a holding company comprises the business interests of Libra Group in Southeast Asia.

Companies in the regional portfolio include First Oriental Singapore (focusing on Singapore real estate), First Oriental Thailand (undertaking residential and hospitality investment in Thailand), and Singapore Residential (high-end real estate services).

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