[For Immediate Release]
(Hong Kong, 9 October 2001) - Sinolink Worldwide Holdings Limited ('Sinolink'/ 'the Company') (stock code:1168) announced that the Company introduced first "Property Purchase Reward Scheme" ('Reward Scheme') exclusively for shareholders of the Company (the 'Shareholders'). Qualifying Shareholders can enjoy special discounts on purchasing flats in its Shenzhen Sinolink Garden. This Reward Scheme aims to provide returns to Shareholders to thank them for their support in the Company and to share the Company's achievements with them.
The Company has also announced an interim dividend of HK3 cents per share and proposed a bonus issue of 1 bonus share for 10 existing shares held by Shareholders.
Mr. Ou Ya Ping, Thomas, Chairman and Managing Director of Sinolink Worldwide Holdings Limited, said, 'Being a quality, large-scale and luxurious residential property in Shenzhen, Sinolink Garden, Phase I to Phase III, achieved highly encouraging sales. We offer a small number of flats, with special discounts for Shareholders in appreciation of their support, especially as the performance of the Company's 2001 interim results have been so encouraging. Turnover for the half-year recorded approximately HK$735,000,000 with profit reaching approximately HK$66,180,000, a 14-times increase as compared to the corresponding period last year. The Company is therefore distributing an interim dividend and proposing a bonus issue of shares to Shareholders, thus strengthening the returns to them.'
Mr. Ou continued, 'With the successful building of our well-known brand name and reputation as a top quality property developer in China, the Group will continue to search for quality land banks and actively explore high potential property projects in areas such as Shenzhen, Beijing and Shanghai. We plan to develop more quality residential property and are fully confident of the future of the Company.'
Limited units are available under the Reward Scheme being offered to Shareholders on a first-come-first-served basis. Each qualifying Shareholders is entitled to purchase a flat in Sinolink Garden by enjoying discounts of up to 30%. The person who executes the purchase must be either the Qualifying Shareholder or his/her spouse for registration.
The beneficiaries of the Reward Scheme can only be Shareholders whose names appear on the register of members of the Company on 26 October 2001. The number of shares held in the Company is not restricted. Additionally, the Shareholder must provide the original copy of the notice of 2001 interim dividend issued by the Company or the original copy of the account statement for November 2001 issued by a securities firm (the account statement should record the receipt of the 2001 interim dividend paid by the Company) to certify the identity of the Shareholder.
The Reward Scheme commences today and will be closed on 31 December 2001. For further information regarding the scheme, Shareholders can call the sales hotlines at (China Tel) 86-13903028788 and ask for Ms. Chen Hong, (China Tel) 86-13501578560 for Ms. April Wang.
About Sinolink Worldwide Holdings Limited
Sinolink Worldwide Holdings Limited has been listed on the Stock Exchange of Hong Kong since June 1998. Based in Shenzhen, it is an investment holding company which is mainly engaged in the development and investment of luxury residential properties. Sinolink Garden, a large-scale residential project in Shenzhen developed by the Company, occupies a site area of 3,800,000 square feet with a total gross floor area of 10,800,000 square feet. Sinolink Garden consists of four phases, offering a total of approximately 10,000 units. Famed for its top quality, Sinolink Garden has won many awards, such as " '99 Top Ten Quality Residence", " '99 PRC National Quality Award - Silver Prize", "First Batch of Modern Residential Districts" and "National Quality Residential Community & Environment - Special Gold Prize" in 2000, among others. It was also the only residential project nominated for the Shenzhen International Garden City Contest. Additionally, Shenzhen Sinolink Property Management Co. Ltd was awarded ISO 9002 Certification in 2000.
Apart from property development and investment, the Company also engages in the electricity generation business through the ownership and operation of the Dapeng Power Plant in Shenzhen. Panva Gas Holdings Limited (stock code: 8132), in which the Company holds approximately 78%, was spun off and listed on the GEM Board of the Stock Exchange of Hong Kong on 20 April 2001.
For press enquiries:
Strategic Financial Relations (China) Limited
Ms. Anita Cheung / Ms. Olive To / Ms. Florence Chu
Tel: (852) 2864 4827 / 2864 4838 / 2864 4854
Fax: (852) 2527 1271 / 2804 2789
E-mail: anita@strategic.com.hk /
olive@strategic.com.hk /
florence@strategic.com.hk
| © Copyright 1996-2005 irasia.com Ltd. All rights reserved. Tel: (852) 2831-9792. |
|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website. |