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.
UNAUDITED OPERATING STATISTICSThe Board of Directors (the "Board") of Sino-Ocean Group Holding Limited (the "Company") is pleased to announce certain unaudited operating statistics of the Company and its subsidiaries (the "Group") for the month of July 2016 as follows:
Contracted SalesThe contracted sales of the Company, together with its subsidiaries, joint ventures and associates for July of 2016 amounted to approximately RMB3.57 billion, representing year-on-year increase of 57%; contracted sales GFA amounted to approximately 199,000 sq.m., representing year-on-year increase of 5%; contracted average selling price was approximately RMB17,900/sq.m., representing year-on-year increase of 49%.
Land Parcels AcquiredThe Group acquired 3 land parcels in July 2016:
Project Planned GFA Use(approximately
sq.m.)
Total consideration attributable to the Group Channel(RMB million)
(Note 1)
Attributable interestXiang He Wan Run Project, Beijing
269,400 Residential
and Commercial
56 Acquisition 20%
Ke En Project, Shanghai
31,400 Office 829 Auction 100%
Planned | Total consideration attributable | Attributable | |||
Project | GFA | Use | to the Group | Channel | interest |
(approximately sq.m.) | (RMB million) (Note 1) |
Long Chuan Tang
Project, Shenzhen
114,900 Apartment,
Office and Commercial
943
(Note 2)
Acquisition 80%
Note:
Total consideration attributable to the Group included deed tax.
Included demolition, relocation and compensation fee.
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.
By order of the Board
Sino-Ocean Group Holding Limited CHUNG Kai CheongCompany Secretary
Hong Kong, 9 August 2016
As at the date of this announcement, the directors of the Company comprise:
Executive directors:
Mr. LI Ming Mr. LI Hu
Mr. WANG Yeyi Mr. SUM Pui Ying
Mr. WEN Haicheng Mr. LI Hongbo
Non-executive directors:
Mr. YANG Zheng Mr. YAO Dafeng Mr. FANG Jun
Ms. SHANGGUAN Qing
Independent non-executive directors:
Mr. TSANG Hing Lun Mr. HAN Xiaojing
Mr. WANG Zhifeng Mr. SUEN Man Tak Mr. JIN Qingjun
Sino-Ocean Land Holdings Limited published this content on 08 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 August 2016 09:47:05 UTC.
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