Magnificent Estates Limited acts as an investment holding company and provides management services to its subsidiaries. The Company�s operating segments include hospitality services, property investment, securities investment and trading and property development for hotel. Hospitality services include Ramada Hotel Kowloon, Ramada Hong Kong Hotel, Best Western Hotel Taipa, Macau, Magnificent International Hotel, Shanghai and Best Western Hotel, Causeway Bay. Property investment includes 633 King�s Road, Shun Ho Tower and shops. Property development for hotel include 239-251 Queen�s Road West, 19-23 Austin Avenue, 30-40 Bowrington Road and 338-346 Queen�s Road West. Ramada Hong Kong Hotel comprises 318 guest-room, a restaurant, banquet facilities and carparks. Best Western Hotel Taipa, Macau consist of 262 guest-room, three restaurants, swimming pool with gym, conference rooms, retail podium and carparks.