Morning Star Resources Limited is an investment holding company. The Company's subsidiaries are mainly engaged in the provision of travel and travel-related services, property development, financial services and securities broking. Its business segments include travel and travel-related services, property development, financial services, and corporate and others. The travel and travel-related services segment provides outbound tour services, booking of air tickets and hotel services and other travel-related services. The property development segment comprises the development and sales of properties. The corporate and other businesses segment includes interest income and general corporate expense items. On March 27, 2009, the Company acquired an additional 21% equity interests in Beijing Morning Star-New Ark International Travel Service Co., Ltd.