Clarification
(16 January 2015) China State Construction International Holdings Limited ("CSCI" or "The Group", Stock Code: 03311) today noticed the news report regarding "More Than 20 Thousands Housing Units, mostly affordable housing, were Blocked from sales in Shenzhen" and received enquiries from investors about its relations with CSCI.
The Group hereby confirms and clarifies:
(1) The abovementioned incident is NOT related to CSCI;
(2) CSCI does NOT have any affordable housing projects in Shenzhen;
(3) CSCI mainly participates in the construction of Relocation Housing (Shanty Town Redevelopment) in China, which is not sellable affordable housing.
Hence, the abovementioned incident has NO impact on CSCI at all.
Thanks for your attention.
~End~
China State Construction International Holdings Limited
China State Construction International Holdings Limited ("China State Con", Stock Code: 03311), the construction flagship of China Overseas Holdings Limited, started its construction business in Hong Kong in 1979. It is a vertically integrated construction powerhouse, engaged in building construction and civil engineering operations as well as other peripheral operations such as foundation work, site investigation, mechanical and electrical engineering, highway and bridge construction, concrete and pre-cast production. China State Construction has successfully transformed towards developing both its construction business and infrastructure investment business and became a multinational integrated enterprise with international standards in recent years. In July 2005, China State Construction was listed on the Main Board of The Hong Kong Stock Exchange.
For further information, please contact:
China State Construction International Holdings Limited
Ricky Poon | Tel: 2823 7365 | Fax: 2528 2840 | E-mail: ricky_poon@cohl.com