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China Overseas Hongyang Announces Real Estate Sales in March 2017

Time: 2017-04-10 11:45:57  Source: China Overseas Holdings Limited
(Hong Kong, April 7, 2017) China Overseas Hongyang Group Co., Ltd. ("the company"; stock code: 00081.HK) announced that the company and its subsidiaries The company (the "Group") achieved contracted sales of HK$1,824 million and contracted sales area of ??188,000 square meters in March 2017.
As of the end of March 2017, the accumulated unsigned subscription amount was HK$1.038 billion and the subscribed unsigned area was 80,000 square meters.
In March 2017, the Group acquired two plots of land in Hefei, Anhui Province, with a total construction area of ??approximately 407,644 square meters. The land transfer fee payable by China Overseas Hongyang Group in connection with the acquisition of the land is approximately RMB 2,153.6 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 .
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