(11 June 2014) China Overseas Land and Investment Ltd (the “Company”; stock code: 00688.HK) announced that, for May 2014, the contracted property sales of the Company, together with its subsidiaries, jointly controlled entities and associated companies (collectively, the “China Overseas Series of Companies”) amounted to approximately HK$10.505 billion and the corresponding gross floor area (“GFA”) sold was approximately 590,000 square meters.
From January to May 2014, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$56.070 billion and the accumulated corresponding GFA sold was approximately 3,238,100 square meters.
In addition, as at 31 May 2014, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$6.617 billion, which are expected to be turned into contracted property sales in the following months.
No new land was acquired in May 2014.
Note:In view of the uncertainties involved in investment and sales process, there may exist discrepancies between the above figures and those disclosed in our regular reports. As such, the above is only for reference purpose.
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