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.
* (Incorporated in Bermuda with limited liability) (Stock Code: 00404)
VOLUNTARY ANNOUNCEMENT
The Board is pleased to update the shareholders of the Company and potential investors that the Group has been awarded three significant new contracts. The total contract sum of the Group's equity share in the three new contracts amounted to approximately HK$3.9 billion.
These three new contracts, together with new orders from the normal ongoing businesses and including the incomplete contracts for work on hand means that the Group's equity share of the outstanding value of the order books has now reached approximately HK$25.9 billion.
This is a voluntary announcement made by Hsin Chong Construction Group Ltd. (the
"Company", together with its subsidiaries, collectively, the "Group").
The board of directors (the "Board") of the Company is pleased to update the shareholders of the Company and potential investors that the Group has been awarded the following three significant contracts:
1. Construction management services for a major Macau developer at Cotai, Macau
2. Construction of two Public Rental Housing Estates at Anderson Road Site D and Hung
Shui Kiu Area 13 Phases 1 and 2
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The total contract sum of the Group's equity share in the three new contracts amounted to approximately HK$3.9 billion.
These three new contracts, together with new orders from the normal ongoing businesses and including the incomplete contracts for work on hand means that the Group's equity share of the outstanding value of the order books has now reached approximately HK$25.9 billion.
The Board wishes to confirm that no forecast or prediction of the profits of the Group has been made with regard to the award of abovementioned new contracts or the substantial work load of orders now on hand of the Group which is at a record high level for the Group.
By order of the Board of
Hsin Chong Construction Group Ltd. Barry John BUTTIFANTExecutive Director
Hong Kong, 7 January 2013
This announcement is a v ailable for vie wing on the Stock Exchange 's website:
http://www.hkex.com.hk and the Company's website: http://www.hsinchong.com.
As at the date of this announcement, the Board comprises Mr. Wilfred WONG Ying-wai (Chairman and Chief Executive Officer), Dr. Catherine CHU and Mr. Barry John BUTTIFANT as Executive Directors; Dr. Kenneth CHU Ting-kin as Non-executive Director; and Hon. Jeffrey LAM Kin-fung, Hon. Abraham SHEK Lai-him and Mr. Alexander MAK Kwai-wing as Independent Non-executive Directors.
* for identification purposes only
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