S E A Holdings Ltd is an investment holding company, which is engaged in hotel operation, property and asset management, as well as property investment and development in Hong Kong, Mainland China, Australia and New Zealand. The Company operates in three segments: Property development, Property investment and Hotel operation. Its Property development segment is engaged in the development and sale of properties. Its Property investment segment is engaged in the renting of investment properties. Its Hotel operation segment is engaged in the hotel operation and management. In June 2010, the Company acquired eight pieces of land in Kaifeng, Henan Province with a total site area of about 675,000 square meters for residential and commercial development. During the year ended December 31, 2010, it acquired two pieces of land in Longquan, Chengdu, Sichuan Province with a total site area of about 288,000 square meters for primarily residential development.