17/1/2018-5

Jiahua billion last year by 6 holdings

Wah Wah International (00173) spent over HK $ 10 billion in 2017 on the addition of 6 new land parcels in Hong Kong, the Yangtze River Delta and Pearl River Delta with a total floor area of over 420,000 square meters.

The two sites in Hong Kong are Phase I of West Rail Kam Sheung Station Phase I and a residential land in Cheung Sha Wan, Kowloon. The total gross floor area is 114,800 square meters and 91,700 square meters respectively, accounting for 33.3% And 22.5% respectively, with a total investment of about HK $ 6.66 billion for the two plots.