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Letter to Shareholders - Perspective Magazine

10-Jul-1998



I am pleased to enclose the first edition of our publication, Perspective.

Our objective is to keep you informed about the more interesting and important developments taking place within your company. With a diverse portfolio of hotel, retail and commercial properties and managed assets, these developments can range from hotel refurbishments to residential land subdivision.

Perspective also highlights some notable achievements by individual properties which we thought you would find worthwhile. I hope you will find Perspective informative and interesting. Thank you for your continued support of Thakral.


John Schaap
Managing Director