(Hong Kong, 13 January 2015) China Overseas Land and Investment Limited (the “Company”; Stock Code: 00688.HK) announced that, for December 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$6.774 billion and the corresponding gross floor area (“GFA”) sold was approximately 549,000 square meters.
From January to December 2014, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$140.809 billion and the accumulated corresponding GFA sold was approximately 9,397,600 square meters. As at end of December 2014, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$7.769 billion, which are expected to be turned into contracted property sales in the following months.
In December 2014, both the Company together with its subsidiaries (collectively the “Group”) and China Overseas Grand Oceans Group Limited (an associate of the Company; Stock Code: HK00081.HK) together with its subsidiaries (collectively the “COGO 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.
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