Melcor Developments Ltd., which traces its history back to 1923, has been a public company since 1968. Its diversified operations are carried out through the Company, wholly owned subsidiaries and joint ventures. Our operations consist of:

• The acquisition, planning, development and marketing of urban communities and the subsequent sale of single family, multiple family and commercial / industrial lots in Alberta in the metropolitan areas of Calgary, Edmonton, Lethbridge, Red Deer and in Arizona, which are developed by the company from raw land which it holds for future development
• The ownership, development and management of commercial properties in Western Canada
• The ownership and management of two championship golf courses in the Edmonton area (one wholly owned and 60% ownership in the other)
• The 50% ownership and management of a manufactured home community in Calgary