(7 February 2013) China Overseas Grand Oceans Group Ltd. ("COGOGL" or the "Company", Stock Code: 00081.HK) announced that the property contract sales for January 2013 amounted to HK$2.0 billion and the contract GFA sold reached 170,800 square meters. As at the end of January 2013, the property subscription sales amounted to HK$1.0 billion and the subscription GFA reached 94,200 square meters.
In January, the Company acquired 2 new projects in Hohhot and Yancheng with an attributable GFA of 711,208.3 square meters. The land premium payable was RMB1.2 billion.
The Company has acquired a total new land amounting to 876,593.1 square meters and the attributable portion was 711,208.3 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.