NEW YORK, NY--(Marketwired - May 31, 2013) - China Metro-Rural Holdings Limited (
"The planned site area of the Project is approximately 2.7 million square meters with corresponding maximum gross floor area of approximately 7.5 million square meters. The Project will include trading outlets and other supporting facilities such as exhibition, residential and commercial areas. The development duration is expected to take approximately 10 years for the entire project. We expect the Project will help fuel the growth of CNR. We focus on the delivery of highly gratifying and good results to all of our shareholders," stated Sam Sio, Chairman of CNR. Mr. Sio continued, "Hengyang is a fast growing city in Hunan Province and has a population of over 7 million people. It is a leading transportation hub with water, railway and highway."
ABOUT CHINA METRO-RURAL HOLDINGS LIMITED
China Metro-Rural Holdings Limited is a leading agricultural logistics platform development and rural-urban migration redevelopment company in China.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are, by their nature, subject to risks and uncertainties. This Act provides a "safe harbor" for forward-looking statements to encourage companies to provide prospective information about themselves so long as they identify these statements as forward-looking and provide meaningful cautionary statements identifying important factors that could cause actual results to differ from the projected results. All statements, including statements regarding industry prospects and future results of operations or financial position, made in this press release are forward looking.
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China Metro-Rural Holdings Limited - Investor Relations Department
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