CentraLand   

CentraLand

CENTRALAND LIMITED (Incorporated in Bermuda on 28 September 2007) (Company Registration No: 40770) The Company, through its wholly-owned subsidiaries, Zhengzhou Huanghe Great View Royal Garden Co., Ltd. (郑州黄河大观有限公司) (?Zhengzhou Great View?) and Henan Jinzhi Establishment Co., Ltd. (河南金智置业有限公司) (?Henan Jinzhi?) (collectively, the ?Group?), is engaged in the development and sale of residential and commercial properties. Its subsidiaries, Zhengzhou Great View and Henan Jinzhi, are currently qualified to undertake projects with an individual GFA of up to 250,000 sq m and up to 100,000 sq m respectively.

The Group?s portfolio of completed projects, projects under development, properties to be developed in the near future and land held for future development are currently all located in Zhengzhou City, Henan Province of the PRC. As at date of this memorandum, the Group has an aggregate saleable GFA of approximately 160,828 sq m of completed properties, approximately 65,890 sq m saleable GFA of properties under development, approximately 245,000 sq m planned GFA of properties to be developed in the near future and approximately 1,406,880 sq m of land held for future development, with an estimated GFA of 2.9 million sq m. The Group has obtained the land use rights certificates in respect of each of its completed property developments, its properties under development, properties to be developed in the near future and land held for future development. In addition, the Company has approximately 12,386 sq.m. GFA of investment properties held for rental purposes.

The Group is currently involved in two main property developments, namely: (i) Guoling Shanshui (果岭山水), a self-contained, high-end integrated property development; and (ii) J-Expo (金智万博商城), a commercial property project with retail and office units.

 

Wow, this counter first day up so much.

Or is it lucky that last night DOW went up?