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China Overseas Land and Investment Limited Announces Property Sales Results for January 2019

Time: 2019-02-14 18:43:20  Source: China Overseas Holdings Limited

?(Hong Kong, 13 February 2019) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for January 2019, the contracted property sales of the Company, together with its subsidiaries, joint ventures and associates (collectively the “China Overseas Series of Companies”) amounted to approximately HK$29.048 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,252,400 square meters.

As at 31 January 2019, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$28.572 billion, which are expected to be turned into contracted property sales in the following months.

In January, the Company together with its subsidiaries (collectively the “Group”) did not acquire any land parcels.

Note:In view of the uncertainties involved in investment and sales process, discrepancies may exist between the above figures and those disclosed in our regular reports. As such, the above is for reference only.