China Overseas Land & Investment Says China Overseas Holdings Raised Stake To 56.09% - Land.Net News
The board of directors (the “Board”) of the Company was informed that COHL further acquired
an aggregate of 500,000 shares of the Company (the “Shares”) in the open market on 20 and 21
July 2021 (the “Acquisition”). Immediately after the Acquisition, COHL together with its whollyowned subsidiary hold an aggregate of 6,138,905,183 Shares, representing approximately 56.09%
of the total issued share capital of the Company as at the date of this announcement.
As advised by COHL, it has unswerving confidence in the future prospects and long-term
development of the Company and does not rule out the possibility of further increasing its
shareholdings in the Company subject to applicable laws and regulations as and when appropriate.
Based on the information available to the Company and to the knowledge of the Board, the
Company has maintained sufficient public float as at the date of this announcement.
Shareholders and potential investors of the Company are advised to exercise caution when
dealing in the Shares.
By Order of the Board
China Overseas Land & Investment Limited
Chairman and Executive Director