omniture

Modern Land Chairman and Controlling Shareholder Increases his Shareholding by Acquiring 502,000 Shares, Reflecting Great Confidence in Future Business Development

HONG KONG, Sept. 22, 2014 /PRNewswire/ -- Modern Land (China) Co., Limited ("Modern Land" or the "Company", together with its subsidiaries, the "Group") a leading real estate developer of properties integrated with energy-saving technology in the PRC, announced Mr. Zhang Lei, Chairman, Executive Director, Founder and Controlling Shareholder of the Company, increases his shareholding by acquiring 502,000 shares today with the aggregate up to HK$575,300, and the price was between HK$1.13 and HK$1.15 per share.

Mr. Zhang Lei, remarked, "I have strong faith in our Group's value and future prospects. I believe the increase of my shareholding will also significantly bolster the confidence of our shareholders. Along with the business expansion and to look after the shareholders' return, I may further increase my shareholding of the Company at proper time in the future."

About Modern Land (China) Co., Limited

Established in 2000 in Beijing, Modern Land is a leading real estate developer of environmental and energy-saving properties, and concentrates on developing energy-efficient and comfortable living environment with property development projects in Beijing, Taiyuan, Changsha, Nanchang, Wuhan, Hefei, Suizhong, Jiujiang and Xiantao. The Group possesses strong capabilities in R&D while integrating advanced energy-saving technologies. Through its "MOMA" energy-saving system, the Group is able to integrate various sustainable development techniques in terms of comfortable and sustainable property development and provide comprehensive systematic solutions. The Group has three product lines: Wan Guo Cheng ΜΟΜA, Shang Pin Ge MOMA and Man Ting Chun MOMA, all equipped with and will continue to adopt the applications of the Group's core technology system.

Issued by Porda Havas International Finance Communications Group for and on behalf of Modern Land (China) Co., Limited. For further information, please contact:

Porda Havas International Finance Communications Group

Kelly Fung

+852 3150 6763

kelly.fung@pordahavas.com 

Angie An 

+852 3150 6736

angie.an@pordahavas.com

Sam Fang

+852 3150 6721

sam.fang@pordahavas.com

Lyrica Zhang

+852 3150 6752

lyrica.zhang@pordahavas.com

Fax: +852 3150 6728

Source: Modern Land (China) Co., Limited
Related Stocks:
HongKong:1107
collection