[TodayIR] CHINA OVERSEAS: Announces Property Sales Results for August 2013 (10 September 2013) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) announced that the property contracted sales for August 2013 amounted to HK$7.7 billion and the contracted GFA reached 549,500 square meters (including contracted sales amount of HK$1,579 million and the contracted GFA of 156,600 square meters from China Overseas Grand Oceans Group Ltd. (stock code: 00081.HK)). From January to August 2013, the total property contracted sales amounted to HK$98.1 billion and the total contracted GFA reached 6.5 million square meters (including the total contracted sales amount of HK$11.1 billion and the total contracted GFA of 1,034,500 square meters from China Overseas Grand Oceans Group Ltd.). As at the end of August, the property subscription sales amounted to HK$5.6 billion and the subscription GFA reached 417,500 square meters. In August, the Pearl River Delta Region realized both the strongest contracted sales amount and contracted GFA sold – its total contracted sales amounted to HK$2,005 million and its total contracted GFA sold amounted to 147,400 square meters. In August, the Company acquired 2 new projects in Harbin and Foshan with total attributable GFA of 555,143 square meters. The land premium payable was RMB1.8 billion. Besides, China Overseas Grand Oceans Group Ltd. acquired 2 new projects in Yangzhou and Changzhou with an attributable GFA of 407,337 square meters. The land premium payable was RMB1.2 billion. The Company acquired a total new land amounting to 7.3 million square meters and the attributable portion was 7.0 million square meters so far this year.
[TodayIR] CHINA OVERSEAS: Announces Property Sales Results for
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