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Melcor Developments Ltd. - Company Profile Snapshot

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Company Profile: Melcor Developments Ltd.
Ticker: MRD
Exchanges: TOR
2009 Sales: n/a
Major Industry: Financial
Sub Industry: Land And Real Estate
Country: CANADA
Employees: 177

Business Description
Melcor Developments Ltd.. The Group's principal activities are to acquire, plan, develop and market urban communities. It also owns, develops and manages residential, commercial properties and golf courses. It operates in four segments: Community segment acquires, plans, develops and marketing of urban communities. Property development segment acquires commercial sites from the Community Development Division at fair market value with the goal of creating additional value by developing the sites into revenue producing properties. Investment properties segment implements the Business Plan to meet objectives of increasing the return on investment and Recreation property segment owns and manages two 18-hole championship golf courses in the Edmonton region.

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