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 January 2015 as follows:
Contracted SalesThe contracted sales of the Company, together with its subsidiaries, joint ventures and associates for January of 2015 amounted to approximately RMB2.36 billion, representing year-on-year increase of 58%; contracted sales GFA amounted to approximately 197,000 sq.m., representing year-on-year increase of 84%; contracted average selling price was approximately RMB12,000/sq.m., representing year-on-year decrease of 14%.
Land Parcels AcquiredThe Group acquired 1 land parcel in January of 2015:
Planned | Total consideration attributable | Interest attributable to the | |||
Project | GFA | Use | to the Group | Channel | Group |
(Approximately sq.m.) | (RMB million) (Note) |
Yuelong Project, | 294,100 | Residential and | 2,903 | Bidding | 100% |
Guangzhou | commercial |
Note: Total consideration attributable to the Group included deed tax.
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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 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, 12 February 2015
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
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