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Seazen Group Limited — Capital/Financing Update 2014
Dec 5, 2014
49637_rns_2014-12-05_9fa88d3b-6be2-4f8c-9c7a-3768a314688b.pdf
Capital/Financing Update
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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.
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Future Land Development Holdings Limited 新城發展控股有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1030)
UNAUDITED OPERATING STATISTICS AND LAND ACQUISITION INFORMATION FOR NOvEMbER 2014
Unaudited Operating Statistics
The board (the “ board ”) of directors (the “ Directors ”) of Future Land Development Holdings Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) is pleased to announce that in November 2014, the Group achieved contracted sales of RMB2,334 million with the contracted sales area amounting to approximately 270,600 sq.m. The average selling price of contracted sales (Note (1)) for November was approximately RMB8,980.22 per sq.m. (Note (2)) .
For the first eleven months ended November 30, 2014, the Group achieved accumulated contracted sales of approximately RMB20,965 million. Accumulated contracted sales area amounted to approximately 2,430,900 sq.m. (Note (3)) .
Notes:
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(1) the average selling price of contracted sales shown above excludes contracted sales of car park.
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(2) the contracted sales in November 2014 include approximately 10,800 sq.m. of contracted sales area from joint ventures and the contracted sales amounted to approximately RMB117 million.
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(3) the accumulated contracted sales achieved in the first eleven months of 2014 include approximately 104,300 sq.m. of contracted sales area from joint ventures and the contracted sales amounted to approximately RMB1,266 million.
Land Acquisition
On November 24, 2014, the Company’s subsidiary, Future Land Wanbo Property Co., Ltd. (新城萬 博置業有限公司), successfully won the bid for land use right of a land parcel (Qing Guo Tu Chu Zi[2014] No.34) located on south of Linghu South Road, west of Longmianshan Road, north of Huazhong Road and east of Kangxi He, Yingjiang District, Anqing City, Anhui Province (安徽省 安慶市迎江區菱湖南路以南、龍眠山路以西、華中路以北、康熙河以東). The land parcel has a transferred land area of 191,135.84 sq.m. with a planned plot ratio of 3.5. The total consideration amounted to RMB596.45 million and the nature of the land is for commercial and residential use.
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The sales data as disclosed above 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 sales information. As such, the above data is provided for shareholders of the Company and potential investors’ reference only. Shareholders of the Company and potential 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 of the Company and potential investors are advised to seek professional advice from professional or financial advisers.
By order of the Board Future Land Development Holdings Limited WANG Zhenhua Chairman
PRC, December 5, 2014
As at the date of this announcement, the Directors are Mr. Wang Zhenhua, Mr. Liang Zhicheng, Mr. Liu Yuanman and Madam Huang Maoli as executive Directors, Mr. Lv Xiaoping and Mr. Wang Xiaosong as non-executive Directors, and Mr. Chen Huakang, Mr. Zhu Zengjin and Mr. Zhong Wei as independent non-executive Directors.
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