The group's principal activities are to own and develop land and water rights. It is a diversified company, the operations of which include owning and developing water rights and water storage operations; owning and developing land and the related mineral rights; the acquisition and financing of businesses and 'running off' the loss reserves of companies. The group purchases and stores water for resale in dry years. It also acquires businesses that are undervalued and have the potential to provide a superior rate of return over time. The group has operations and investments both in the United States of America and in other foreign countries.
