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Sino-Ocean Land unit gains approval for NEEQ quotation in China

The NationalEquities Exchange and Quotations System, or NEEQ, in China approved a listing proposalby an indirect wholly owned subsidiary of Sino-OceanLand Holdings Ltd.

Sino-Oceansaid April 14 that Ocean Homeplus Property Service Corp. Ltd. received a letterof approval from NEEQ Co. Ltd. for its proposed quotation of shares on the platform.

The NEEQplatform serves as a venue for the sale of existing shares or private placing ofnew shares by small and medium-sized enterprises, as previously .