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Business
UPDATE DECEMBER 2010
Platinum has been diversifying from its core business of property
in the Eastern Suburbs of Sydney, Australia where one of the company’s
principals have built a property portfolio of over US$100million.
Platinum
has been working over the last few years on putting together a global
investment platform, www.globalitplatform.com.
The platform
is an international group of companies in different legal jurisdictions that
will work cohesively to create consortiums to undertake projects. Each project
will be in a unique Special Purpose Vehicle (SPV), and listed on an offshore
stock market hosted on the website. The minimum investment will be US$1million,
and the high net-worth, corporate and institutional investors providing the
liquidity (funds) to the platform will do so by becoming "Global Partners" with the platform.
All
funds provided by the Global Partners can be guaranteed by the world’s
biggest investment and commercial banks. The first fund with a major
international bank is expected to be launched in the first Quarter (Q1)
of 2011. It will be US$2billion in size.
Platinum
Group of Companies will manage all the companies in the platform.
Development
of the platform in the areas of Banking, Investors, and large construction
turn-key operating companies, has required researching many different
international Markets. See gallery below:
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