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China Overseas Grand Oceans Group Limited Announces Property Sales Results for May 2018

Time: 2018-06-12 16:24:04  Source: China Overseas Holdings Limited

(Hong Kong, 6 June 2018) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for May 2018, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to HK$7,204 million and the contracted gross floor area (“GFA”) reached 569,400 square meters.

As at the end of May 2018, the property subscription sales amounted to HK$817 million and the subscription GFA reached 52,200 square meters.

In May 2018, the Group acquired four new projects, one in Lanzhou, Gansu Province, one in Nantong, Jiangsu Province and two in Hefei, Anhui Province with an attributable GFA of 572,341.20 square meters and the total attributable land cost was RMB 3,438.97 million.

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.