ASF Properties Pty Limited ("ASFP")
Property Marketing & Services
For property sales in China, ASFP undertakes property marketing in China and certain other countries in Asia where it undertakes project marketing for 2 Sydney developers. This includes the Award winning residential development at Breakfast Point, Canada Bay, Sydney - Rose Group's $1.5 billion development.
ASF Macau Multinational Holdings Ltd
ASF Macau Multinational Holdings Limited owns a travel agency business based in Macau which is conducted by Multinational Youth Travel Agency Company Limited (MYTA), a company incorporated in Macau that is owned by ASF Macau Multinational Holdings Limited. ASF holds a 40% interest in ASF Macau Multinational Holdings Limited and the remaining 60% is held by Lao Nga Fong (ASF Group - Director) who is the original founder of MYTA.
MYTA operates travel agencies in Macau and holds management rights in relation to the business in a Southern China travel operator in Guangdong, namely Guangdong Great Scenery International Travel Service Limited. It has been ISO9001:2000 accredited since 30 August 2005.
The Macau Special Administrative Region of the People's Republic of China, known as Macau is now one of the world's hottest tourist destinations with over 20m visitors every year. Gaming revenue alone has surpassed Las Vegas.
ASF's medium term goal for this travel division is to utilize its existing travel network in the region, further develop and expand MYTA and create an independent travel company either through listing or merger.
