Greater Asia Realty Holdings, Ltd. Announces Initial Public Offering of Securities

Feb. 8, 2008 - PRLog -- Greater Asia Realty Holdings, Ltd. (the "Company"), a corporation incorporated in the State of Delaware USA, today announced that it has started an initial public offering of 500,000 Units, each Unit consists of one (1) share of its common stock, two (2) Class A warrants exercisable at USD$0.50 for one year from the date of the prospectus, and four (4) Class B warrants exercisable at USD$0.75 for two years from the date of the prospectus. Each warrant entitles the holder to acquire one (1) share of common stock. The Units are priced at an initial public offering price of USD$1 per Unit.

The Company's registration statement was filed with the United States Securities and Exchange Commission and declared effective on January 16, 2008.

This offering is being made solely by the company. A prospectus can be obtained by downloading from www.greaterasiarealty.com, by sending email to info@greaterasiarealty.com; or by calling (603) 2178-4947 (Kuala Lumpur, Malaysia).

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful under the securities laws of any such State.

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About Greater Asia Realty Holdings, Ltd.

We were formed in order to create and realize value by identifying and making opportunistic real estate investments by the direct acquisition, development, rehabilitation, financing and management of real properties within Malaysia.

Website: www.GreaterAsiaRealty.com