(Hong Kong, February 9, 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 January were approximately HK$19.818 billion, and the corresponding floor area was approximately 1,059,100 square meters.
As of the end of January, the China Overseas Series of Companies has recorded subscribed shopping sales of approximately HK$6.687 billion, which is expected to be converted into contracted property sales in the next few months.
In January, the company and its subsidiaries (collectively referred to as the “Group”) acquired four plots of land in Harbin, Dongguan, Wuhan and Xi’an. The total area is approximately 1,331,795 square meters. The land transfer fee payable by the Group for the acquisition of land was approximately RMB 8,856.37 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 regular reports, so the above data is for reference only .
