Ultima United Limited

Ultima United Limited (“the Company”) is a property development company which currently focuses on developing affordable residential houses and apartment units in Western Australia.
In the short term (next 2 years), the Company plans to focus on property development within the Perth metropolitan region.
The Company will endeavour to identify further property opportunities within the Perth metropolitan region that fit with the objectives the Board has set.

In the medium to long term, the Company will broaden its scope by looking at residential and commercial property development opportunities throughout Australia and Asia that fit the Board’s objectives and business model.

When the Company looks at opportunities throughout Asia, it would most likely look to enter into joint ventures with partners who have significant experience in property developments in the region.
The intention of this approach is to reduce the risk to the Company from a funding perspective as well as the potential country risk that could arise when operating in a foreign country.