(Hong Kong, January 11, 2017) China Overseas Development Co., Ltd. ("the company"; stock code: 00688.HK) announced that the company, together with its subsidiaries, The contracted property sales of the joint ventures and associated companies (collectively referred to as "China Overseas Series Companies") in December were approximately HK$3.896 billion, and the corresponding floor area was approximately 276,200 square meters.
From January to December 2016, the cumulative contracted property sales of the China Overseas Group was approximately HK$210.648 billion, and the corresponding cumulative floor area was approximately 13.044 million square meters. As of December 31, 2016, the China Overseas Group of Companies recorded subscribed shopping sales of approximately HK$10.318 billion, which is expected to be converted into contracted property sales in the next few months.
In December, the company and its subsidiaries (collectively referred to as the “Group”) were located in Wuxi, Xiamen, Nanjing, Suzhou, Foshan, Wuhan, and Chongqing. He and Nanchang City acquired nine plots with a total attributable floor area of ??approximately 2,462,743 square meters. The land transfer fee payable by the Group for the acquisition of land is approximately RMB 17,439.95 million.
Note: There are various uncertainties in the sales and investment process. The above sales and new land bank data may be different from the figures disclosed in the regular report, so the above data is for reference only.
