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(Hong Kong, 6 December 2018) China Overseas Grand Oceans Group Limited
(the “Company”; Stock Code: 0081.HK) announced that, for November 2018,?the contracted
property sales of the Company and its subsidiaries (the “Group”) amounted to HK$2,814
million
and the contracted gross floor area (“GFA”) reached 225,300
square
meters.

As at the end of November 2018,
the property subscription sales amounted to HK$763 million and the subscription GFA reached 45,000
square meters.

No new land was acquired in November 2018.

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.