October, 2006

Newgen Whalley Properties Inc. received occupancy permit for the first building of d'Cor project in Central City area in Surrey, British Columbia, Canada. There are 72 units condominium units in the first building with fitness room and game room. www.dcor.ca

August, 2006

Newgen Real Estate Development Inc. signed a memorandum of understand with Daeju Construction Corporation of South Korea to jointly develop 180 unit 22 storey high rise in the Central City area. The construction is scheduled to start in the spring of 2007 and completed by the summer of 2009. Daeju Construction is a part of a major group of corporations that ranks in top 50 in South Korea.

June, 2006

Newgen Management Inc. has successfully facilitated acquisition of Days Inn Sydney , Nova Scotia .  Newgen Management Inc. has exclusive management contract to manage the business.

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