AI assistant
Seazen Group Limited — Capital/Financing Update 2017
Jul 7, 2017
49637_rns_2017-07-07_398ea232-e0ba-48c7-8525-3ef7c13013c2.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
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.
==> picture [37 x 22] intentionally omitted <==
==> picture [32 x 14] intentionally omitted <==
==> picture [71 x 38] intentionally omitted <==
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 JUNE 2017
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 June 2017, the Group achieved contracted sales of approximately RMB7,912 million, and contracted sales area of approximately 582,700 sq.m. The average selling price of contracted sales (Note (1)) for June 2017 was approximately RMB13,210 per sq.m. (Note (2)) .
For the first six months ended June 30, 2017, the Group achieved accumulated contracted sales of approximately RMB49,087 million. Accumulated contracted sales area amounted to approximately 3,548,900 sq.m. (Note (3)) .
Notes:
-
(1) The average selling price of contracted sales shown above excludes contracted sales of car parks.
-
(2) The contracted sales in June 2017 include a contracted sales area of approximately 70,200 sq.m. from joint ventures and the contracted sales amounted to approximately RMB1,610 million.
-
(3) The accumulated contracted sales achieved in the first six months of 2017 include approximately 699,100 sq.m. of contracted sales area from joint ventures and the contracted sales amounted to approximately RMB15,290 million.
Land Acquisition
Recently, Future Land Holdings Real Estate Development Co., Ltd.* (新城控股集團房地產開 發有限公司), a subsidiary of the Company, won the bid for the state-owned construction land use rights in respect of land parcels No. DEB2017007 (Lot A) and No. DEB2017008 (Lot B) in Shangrao County, Shangrao City, Jiangxi Province at the consideration of RMB460,000,000 and RMB350,000,000 respectively.
Among which: the land parcel No. DEB2017007 (Lot A) is located to the south of Fenghuang Avenue and east of Xuri Avenue in Shangrao County* (上饒縣鳳凰大道以南、旭日大道以東), and occupies a transferred land area of 66,666.67 sq.m. It is planned for commercial, business and residential use. The land use rights have been granted for a term of 40 years for commercial and business use and a term of 70 years for residential use, with a plot ratio of > 1.0 and ≤ 3.2.
1
The land parcel No. DEB2017008 (Lot B) is located to the south of Fenghuang Avenue and east of Xuri Avenue in Shangrao County* (上饒縣鳳凰大道以南、旭日大道以東), and occupies a transferred land area of 66,666.67 sq.m. It is planned for commercial, business and residential use. The land use rights have been granted for a term of 40 years for commercial and business use and a term of 70 years for residential use, with a plot ratio of > 1.0 and ≤ 3.2.
Recently, Changzhou Future Land Real Estate Development Co., Ltd* (常州新城房產開發有 限公司), a subsidiary of the Company, obtained the state-owned construction land use rights in respect of land parcel No. JZX20170202 in Changzhou City, Jiangsu Province at an aggregate consideration of RMB1,360,000,000. The land parcel is located at Tianning District, Changzhou City, and spans to Qingyang Road in the east, Laodong East Road in the south, Yousheng Road in the west and Fenghuangdao North Road in the north* (東至青洋路、南至勞動東路、西至優 勝路、北至鳳凰島北路). It occupies a transferred land area of 83,179 sq.m and is planned for commercial and residential use. The land use rights have been granted for a term of 70 years for residential use and a term of 40 years for commercial use, with a plot ratio of > 1.8 and ≤ 2.2.
Recently, Future Land Holdings Real Estate Development Co., Ltd.* (新城控股集團房地產開發 有限公司), a subsidiary of the Company, obtained the state-owned construction land use rights in respect of land parcel No. 1 in Xianju County, Taizhou City, Zhejiang Province, which is to the north of the Huancheng South Road and west of Taihe Road* (環城南路以北、泰和路以西), at a consideration of RMB823,550,000. The land parcel is located in Xianju County and spans to Huancheng South Road in south, Taihe Road in the east, Shenggen Road in the north and Qujian Road in the west* (南至環城南路、東至泰和路、北至省耕路、西至區間路). It occupies a transferred land area of 140,761 sq.m. It is planned for residential and commercial service use. The land use rights have been granted for a term of 70 years for residential use and a term of 40 years for commercial service use, with a plot ratio of >1 and ≤2.6.
Hangzhou Future Land Dinghong Real Estate Development Co., Ltd.* (杭州新城鼎宏房地產開 發有限公司), a subsidiary of the Company, obtained the state-owned construction land use rights in respect of land parcel No. 2017-26 in Huzhou City, Zhejiang Province at a consideration of RMB590,000,000. The land parcel is located in Nanxun Economic Development Zone of Huzhou City and spans to Shiyuan Road in the north, Renrui Road in the south, a transferred land for residential use in the east and Jiangjiangyang Road in the west* (北至適園路、南至人瑞路、 東至已出讓居住用地、西至江蔣漾路). It occupies a transferred land area of 83,130 sq.m. It is planned for urban residential use. The land use rights have been granted for a term of 70 years for residential use, a term of 50 years for public health use and a term of 40 years for commercial use, with a plot ratio of ≥1.5 and ≤2.0.
Recently, Wuhan Xinrui Longxiang Property Co., Ltd.* (武漢鑫瑞隆祥置業有限公司), a subsidiary of the Company, obtained the state-owned construction land use rights in respect of land parcel No. XiaoGuoTuKai (2017)01* (孝國土開(2017)01) in Xiaogan City, Hubei Province, at a consideration of RMB627,330,000. The land parcel is located in Xiaonan District, Xiaogan City and spans to Guihua Road in the east, Qiankun Avenue in the south, Fuyuan Road in the west and Guihua Road in the north* (東臨規劃路、南臨乾坤大道、西臨福源路、北臨規劃路), with a transferred land area of 76,040 sq.m. It is planned for commercial and residential use. The land use rights have been granted for a term of 70 years for residential use and a term of 40 years for commercial service use, with a plot ratio of 3.0.
2
Recently, a subsidiary of the Company obtained the land parcel Unit BSP0-1701, No. 18-02 in Luojing Town District, Shanghai City by way of cooperation. The project is located in Baoshan District, Shanghai City and spans to land parcel No. 18-03 in Luojing Town in the east, land parcel No. 18-05 in Luojing Town in the south, Panjing Road in the west and Panhu Road in the north* (東 至羅涇鎮18-03號地塊、南至羅涇鎮18-05號地塊、西至潘涇路、北至潘滬路), with a land area of 62,847.7 sq.m. It is planned for ordinary commercial use. The land use rights have been granted for a term of 70 years for residential use, with a plot ratio of ≤1.6. The subsidiary of the Company is obliged to pay a land premium of RMB578,200,000.
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 and potential investors of the Company for referential purposes only. Shareholders and potential investors of the Company 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 potential investors of the Company 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, July 7, 2017
As at the date of this announcement, the Directors are Mr. Wang Zhenhua, Mr. Lv Xiaoping, Mr. Lu Zhongming, Mr. Liu Yuanman and Mr. Chan Wai Kin as executive Directors, Mr. Wang Xiaosong as non-executive Director, and Mr. Chen Huakang, Mr. Zhu Zengjin and Mr. Zhong Wei as independent non-executive Directors.
- Denotes English translation of a Chinese Company or entity or address or vice versa and is provided for identification purpose only.
3