Amrep Corporation - AXR- Profile

Amrep Corporation. The Group's principal activities are to develop real estate and provide fulfillment services and magazine distribution. It operates in three segments: The Real Estate business is operated thorough AMREP Southwest Inc and the Fulfillment Services and Magazine Distribution businesses are operated through Kable Media Services Inc. Fulfillment and magazine distribution business provides fulfillment and related services for publishers and other customers and distributes periodicals in the United States, Canada and other foreign countries. The fulfillment services include magazine subscription fulfillment services, list services and product fulfillment services. Real Estate operations include obtaining of necessary governmental approvals, installation of utilities and necessary storm drains and building or improving of roads and invests in properties. On 16-Jan-2007, it acquired Palm Coast Data Holdco, Inc Fulfillment Services acctd for 51% of fis 2006 revs; Real Estate Operations, 40%; Distribution Services, 9% & Corporate, nom