The Group’s Property Division is involved in the entire spectrum of property investment, development and management of various types of properties. Its portfolio includes major townships, high-rise serviced suites, office towers, industrial parks, shopping malls, hotels, resorts, golf courses and others. It is developing Banting Industrial CIty (BIC), a 1,253-acre freehold industrial park in Banting, Selangor. BIC's strategic location near the ports and international airport with easy access to major highways including the new West Coast Highway under construction is highly suitable for new and expansion/diversification plans. Several investors, both local and foreign are setting up their operations in BIC. The Group has also developed several industrial, commercial and residential projects in Singapore. In China, it has completed the 12-storey Parkson Tower in Beijing, 50-storey Parkson Tower in Qingdao and D’Venice Residence, a 20.1-hectare residential and commercial development project in Changshu City. Elsewhere, in China, the Group is involved in the development of high rise residential and commercial development projects in Shenyang and Yangzhou, and shopping malls.