increasingly focused residential sales and marketing plan, including agreements with new dedicated agents for each of Amanzoe and Amanera, several activities and on site events

Amanzoe .. number of units sold/reserved to 15

Amanera .. occupancy .. 46.2% .. first five months of 2016 .. will close down from 26 August to 31 October this year, which is the lowest season in the Caribbean, in order to implement a number of improvements that have been identified since the opening. Construction of the previously sold Founder Villas commenced in September 2015, and the first two-bedroom villa was completed as scheduled in December 2015.

in discussions with an international resort and real estate investor for a joint venture transaction involving an equity investment required for the construction of the Kea resort for a 50% shareholding stake in the project.

Amanzoe .. 47 villas planned