Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
The Board of Directors (the "Board") of Sino-Ocean Land Holdings Limited (the "Company") is pleased to announce certain unaudited operating statistics of the Company and its subsidiaries (the "Group") for the month of July 2014 as follows:
Contracted Sales
The Group's contracted sales for July 2014 amounted to approximately RMB1.86 billion, representing month-on-month decrease of 55%; contracted sales GFA amounted to approximately 159,000 sq.m., representing month-on-month decrease of
50%; contracted average selling price was approximately RMB11,700/sq.m., representing month-on-month decrease of 10%.
The Group acquired 3 land parcels during the period from 1 July 2014 up to the date of this announcement:
Project Planned GFA Use Total land cost Channel Attributable interest(sq.m.) (RMB
million)
Free Trade Zone
Project, Shanghai
Core Center Plot
II-05, II-06 of
Tongzhou District,
Beijing
Core Center Plot
II-07-1, II-07-2 of
Tongzhou District,
Beijing
Note:
Approximately
44,000
Approximately
146,000
Approximately
198,000
Office and
Commercial
Office,
Commercial
and Residential
Office,
Commercial
and Residential
484 Acquisition 100%
1,766 Tender 50%
2,331 Tender 50%
1. Total land cost included deed tax.
2. The amount to be settled by the Group within 12 months for the two land parcels located in Core
Center Plot II-05, II-06 and Core Center Plot II-07-1, II-07-2 of Tongzhou District, Beijing are
RMB184 million and RMB445 million respectively.
- 1 -
The above-mentioned operating data is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collating such operating information. As such, the above data is provided for investors' reference only. Shareholders and investors are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, shareholders and investors are advised to seek professional advice from professional or financial advisers.
Hong Kong, 13 August 2014
By order of the Board
Company Secretary
As at the date of this announcement, the directors of the Company comprise:
Executive directors:
Mr. LI Ming
Ms. LIU Hui
Mr. CHEUNG Vincent Sai Sing
Mr. CHEN Runfu
Mr. WEN Haicheng
Non-executive directors:
Mr. YANG Zheng
Mr. FANG Jun
Mr. CHUNG Chun Kwong, Eric
Independent non-executive directors:
Mr. TSANG Hing Lun
Mr. GU Yunchang Mr. HAN Xiaojing Mr. ZHAO Kang
- 2 -
distributed by |