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China Overseas Grand Oceans Group Limited Announces Property Sales Results for August 2017 Author: China Overseas Grand Oceans Group Ltd.

(Hong Kong, 7 September 2017) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for August 2017, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to HK$3,048 million and the contracted gross floor area (“GFA”) reached 284,000 square meters.

As at the end of August 2017, the property subscription sales amounted to HK$1,069 million and the subscription GFA reached 80,400 square meters.

In August, the Group acquired 1 new project in Yinchuan (Ningxia autonomous region) with an attributable GFA of 91,418.55 square meters and the total attributable land cost was RMB65.20 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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