(11 November 2014) China Overseas Land and Investment Ltd. (the “Company”; stock code: 00688.HK) announced that, for October 2014, 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$13.344 billion and the corresponding gross floor area (“GFA”) sold was approximately 981,200 square meters.
From January to October 2014, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$118.934 billion and the accumulated corresponding GFA sold was approximately 7,721,700 square meters.
In addition, as at 31 October 2014, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$9.009 billion, which are expected to be turned into contracted property sales in the following months.
For October 2014, 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, 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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