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

Time: 2019-01-07 18:23:48  Source: China Overseas Holdings Limited

(Hong Kong, 7 January 2019) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for December 2018, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to HK$1,957 million and the contracted gross floor area (“GFA”) reached 144,800 square meters.

As at the end of December 2018, the property subscription sales amounted to HK$1,716 million and the subscription GFA reached 141,200 square meters.

In December 2018, the Group acquired six new projects in Yinchuan, Ningxia Autonomous Region, Nanning, Guangxi Province, Yangzhou, Jiangsu Province and Hefei, Anhui Province with an attributable GFA of 1,290,631.00 square meters and the total attributable land cost was RMB 4,999.48 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.

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