Ultima United (ASX:UUL) makes progress on Japanese development

• Ultima United (UUL) has stated that by the end of the month, it hopes to have settled three plots of land for its Hokkaido Development in Japan
• Ultima plans to purchase and develop three plots of property at TELLUS Villas (TVP), a 17-lot land tract of more than 34,000sqm in Hokkaido
• The company has set aside a sum of $6,354,730 from an equity raise for the acquisition of plots 8, 9 and 10 of the Hokkaido Development
• Ultima says the acquisition process is "tracking well with necessary documents and processes currently underway"

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