(10 January 2013) China Overseas Grand Oceans Group Ltd. (“COGOGL” or the “Company”, Stock Code: 00081) announced that the property sales in December amounted to HK$291 million and the GFA sold reached 44,500 square meters. From January to December 2012, the total property sales amounted to HK$13.52 billion and the total GFA sold reached 1,034,800 square meters.
In December, the Company acquired 2 new projects in Nanning and Changzhou with an attributable GFA of 593,267 square meters. The land premium payable was RMB1,291 million. The Company has acquired a total new land amounting to 3.7 million square meters and the attributable portion was 3.4 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.