By 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.
ROAD KING INFRASTRUCTURE LIMITED(Incorporated in Bermuda with limited liability)
(Stock Code: 1098) VOLUNTARY ANNOUNCEMENT
This is a voluntary announcement made by Road King Infrastructure Limited (the
"Company").
The board of directors of the Company (the "Board") announces that the property sales of the Company together with its subsidiaries and a joint venture company (collectively referred to the "Group") for the full year ended 31 December 2013 were RMB12,908 million. These comprised contracted sales of RMB12,210 million, representing an increase of 28% as compared with RMB9,563 million of last year, and subscribed sales of RMB698 million.
For the full year of 2013, the Group acquired nine pieces of land with GFA of
1,712,000 sqm in aggregate for residential development, of which four pieces were secured in the second half of 2013. The details are set out as follows:
Location | Land area sqm | GFA sqm | Consideration RMB'million |
Zhenjiang | 119,000 |
The Board also announces that the average daily traffic volume and toll revenue of the existing toll road projects in 2013 was 185,000 vehicles and RMB1,885 million respectively.
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The figures disclosed above are unaudited and are based on the preliminary information of the Group. They may differ from figures to be disclosed in the audited consolidated financial statements to be published by the Company on an annual basis due to various uncertainties during the process of collating such information. As such the figures disclosed are for 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, investors are advised to seek professional advice from professional or financial advisers.
By order of the Board
Chairman
Hong Kong, 8 January 2014
As at the date of this announcement, the Board comprises Messrs. Zen Wei Pao, William, Ko Yuk Bing, Chan Kam Hung, Fong Shiu Leung, Keter, Zen Wei Peu, Derek and Xu Ruxin as Executive Directors, Messrs. Lu Hua and Lam Wai Hon, Patrick as Non-executive Directors, and Mr. Lau Sai Yung, Dr. Chow Ming Kuen, Joseph, Ms. Nie Meisheng and Mr. Tse Chee On, Raymond as Independent Non-executive Directors.
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