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(Hong Kong, 9 February 2017) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 00081.HK) announced that, for January 2017, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to HK$1,217 million and the contracted gross floor area (“GFA”) reached 121,300 square meters.

As at the end of January 2017, the property subscription sales amounted to HK$655 million and the subscription GFA reached 55,800 square meters.

No new land was acquired in January 2017.

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.