IDEAL GROUP OF COMPANIES is pleased to announce that it has penetrated the China property market with the signing of 2 memorandums of understanding in the year 2007 with the following parties:-

 
 
 

1. Shenyang Fei Fei Enterprise Group Co. Ltd.

 
 


MOU signing ceremony for Intention Agreement of Proposed Investment to
Shenyang Fei Fei Australian Manor Project

  
 


(Picture) Mr. Zhao Yefei , Chairman of the Board of Fei Fei Enterprise Group (second left) with Dato’ Ooi Kee Liang, Chairman of Ideal Group (second right)

 

  
 
 

 

  
 

 

Shenyang Fei Fei Enterprise Group Co., Ltd. Founded in 1983 was approved in 1993 by Shenyang Municipal Commission for Restructuring the Economy as an enterprise group. Now it is a private comprehensive enterprise group integrating real estate development, modern hi-tech agriculture, ecotourism and food & beverage into one entity. It has six subsidiaries and one listed holding company in Shenzhen Stock Exchange-Dalian Fei Fei Aojia Modern Agricultural Co., Ltd. The name of its stock is Fei Fei Agriculture with a code of 000769. It has total assets of one billion yuan including net assets of 700 million yuan. Fei Fei Entreprise Group is one of the ten private enterprise enjoying the highest prestige in Liaoning Province. It ranks 182 among China’s Top 500 private enterprise and is the most influential private enterprise in Northeast China.

Fei Fei Enterprise Group now has a working staff of 600 employees including 200 administrators, 150 of whom are college graduates. Zhao Yefei, Chairman of the Board is an outstanding private entrepreneur in Liaoning and Shenyang.

Fei Fei Enterprise Group and Ideal Group will cooperate to revive and develop Shenyang Fei Fei Australian Manor Project.

  

 

 

    



 
 

2. Chongqing City South Area New Chayuan District Management Committee

 
 


MOU signing ceremony between Chongqing City South Area New Chayuan District Management Committee for property management, conceptual design and built of housing development.

 
 




Chongqing City Yu Gao Fa Private Limited founded in 4th March 1999, capital outlay is 10 million yuan; the company register number is Yunan 5001081840279; company register address is 99, Century Street, South Area New Chayuan District.

Chongqing City Yu Gao Fa Private Limited, among others, deals with property development, property policy advisory services, general merchandise, hardware, electrical interfere, chemical industry, sundry goods, textile, construction and building materials, metal materials, industrial raw materials, general machinery, electronic machinery and others.