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

(Hong Kong, 7 December 2017) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 0081.HK) announced that, for November 2017, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to HK$2,612 million and the contracted gross floor area (“GFA”) reached 234,400 square meters.

As at the end of November 2017, the property subscription sales amounted to HK$800 million and the subscription GFA reached 50,200 square meters.

In November, the Group acquired three new projects in Yangzhou and Xuzhou, Jiangsu Province with an attributable GFA of 909,609.00 square meters and the total attributable land cost was RMB 3,372.61 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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