(9 August 2012) China Overseas Grand Oceans Group Ltd. (“COGOGL” or the “Company”, Stock Code: 00081) announced that the property sales in July amounted to HK$1,149 million and the GFA sold reached 78,000 square meters. From January to July 2012, the total property sales amounted to HK$9.2 billion and the total GFA sold reached 592,000 square meters.
In July, the Company acquired 1 new project in Yangzhou with an attributable GFA of 233,246 square meters. The land premium payable was RMB839.7 million. The Company has acquired a total new land amounting to 1.6 million square meters and the attributable portion was 1.5 million square meters so far this year.
Note:In view of the uncertainties involved in investment and sales process, there may exist discrepancies between the above figures and those disclosed in our regular reports. As such, the above is only for reference purpose.