[TodayIR] CHINA OVERSEAS: China Overseas Land and Investment Ltd

  [TodayIR] CHINA OVERSEAS: China Overseas Land and Investment Ltd Announces                     Property Sales Results for March 2014  (10 April 2014) China Overseas Land and Investment Ltd (the “Company”; stock code: 00688.HK) announced that, for March 2014, the contracted property sales of the Company, together with its subsidiaries, jointly controlled entities and associated companies (collectively, the “China Overseas Series of Companies”) amounted to approximately HK$10.807 billion and the corresponding gross floor area (“GFA”) sold was approximately 587,200 square meters.  From January to March 2014, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$35.128 billion and the accumulated corresponding GFA sold was approximately 1,952,800 square meters.  In addition, as at 31 March 2014, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$7.141 billion, which are expected to be turned into contracted property sales in the following months.  For March 2014, the Company, together with its subsidiaries (collectively, the “Group”) acquired 2 new land parcels in Taiyuan (Shanxi Province) with the aggregate attributable GFA of approximately 858,157.9 square meters. The land premium payable by the Group in respect of such new land acquired amounted to approximately RMB1,854.5 million.  
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