About CARNATION REAL ESTATE (GHANA) LIMITED
1.TO UNDERTAKE THE BUSINESS OF REAL ESTATE DEVELOPMENT INCLUDING BUT NOT LIMITED TO COMMERCIAL AND RESIDENTIAL PROPERTY DEVELOPMENT FOR SALE, LEASE OR RENTAL, 2.TO DO THE BUSINESS OF SALE AND PURCHASE OF LAND AND LANDED PROPERTIES, DEVELOPMENT OF LAND, BUILDINGS, ESTATES, COMPLEXES, PARKS, TOWNSHIPS BOTH COMMERCIAL AND RESIDENTIAL, FOR THE PURPOSE OF THE AFORESAID, 3.TO HOLD, INVEST, DEAL WITH, MANAGE, DIRECT THE MANAGEMENT OF, BUY, SELL EXCHANGE, MORTGAGE, CHARGE, LEASE, DISPOSE OF OR GRANT ANY RIGHT OR INTEREST IN OR UPON ANY REAL OR PERSONAL PROPERTY OF ANY KIND WHATEVER INCLUDING CONTINGENT AND REVERSIONARY INTERESTS AND IN ANY PROPERTY, 4.TO UNDERTAKE AND CARRY ON ANY BUSINESS UNDERTAKING OR OTHER COMMERCIAL ENTERPRISES, 5.TO UNDERTAKE AND CARRY ON THE OFFICE OR OFFICES AND DUTIES OF TRUSTEES, CUSTODIAN TRUSTEES, EXECUTORS, ADMINISTRATORS, RECEIVERS, ATTORNEYS OR NOMINEES OF OR FOR ANY PERSON, COMPANY, CORPORATION, ASSOCIATION, SCHEME, TRUST FUND, GOVERNMENT, STATE, MANAGEMENT OR OTHER BODY POLITIC OR CORPORATE, 6.TO UNDERTAKE AND EXECUTE ANY TRUST OR DISCRETION, THE UNDERTAKING OR WHICH MAY SEEM DESIRABLE AND THE DISTRIBUTION AMONGST THE BENEFICIARIES OR OTHER PERSONS ENTITLED THERETO OF ANY INCOME, CAPITAL OR ANNUITY, WHETHER PERIODICALLY OR OTHERWISE AND WHETHER IN MONEY OR SPECIE IN FURTHERANCE OF ANY TRUST, DIRECTION, DISCRETION, OBLIGATION OR PERMISSION, AND FOR THE PURPOSE OF THE AFORESAID APPLY FOR AND OBTAIN ANY LICENSES, POWERS OR RIGHTS FROM ANY AGENCY OF GOVERNMENT, IN THE MATTERS AND FOR THE PURPOSES AFORESAID, 7.TO ACT SOLELY OR JOINTLY WITH ANY OTHER PERSON, COMPANY, CORPORATION OR BODY AS THE CIRCUMSTANCES MAY REQUIRE, ACQUIRE BY PURCHASE EXISTING COMPANIES OR OPERATIONS, 8.TO OWN AND OPERATE SHARES AND SIMILAR SECURITIES IN PRIVATE AND PUBLIC COMPANIES BOTH LISTED AND NON-LISTED, 9.TO CARRY ON BUSINESS AS FINANCIERS AND TO THIS END GENERALLY FACILITATE THE SALE, PURCHASE AND ACQUISITION OF GOODS AND PROPERTY BY PROVIDING FINANCING SERVICES SUITED APPROPRIATELY, 10.TO INVEST THE MONEYS OF THE COMPANY UPON SUCH SHARES, STOCKS, OBLIGATIONS, DEBENTURE STOCK AND SUCH OTHER SECURITIES OF ANY OTHER COMPANY OR BODY WHICH THE DIRECTORS DECIDE WILL BE PROFITABLE TO THE COMPANY.
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