Mongolia Investment Group Ltd. : Profit Warning
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(incorporated in the Cayman Islands with limited liability)(Stock code: 402) PROFIT WARNING
This announcement is made by the Company pursuant to Rule 13.09(1) of the Listing Rules.
The Board wishes to inform the shareholders of the Company and potential investors that it is expected that the consolidated results of the Group for the six months ended 30 September 2012 may experience a significant loss.Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
This announcement is made by Mongolia Investment Group Limited (the "Company") pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
Based on preliminary review by the Company's management on the consolidated management accounts of the Group, the Board wishes to inform the shareholders of the Company and potential investors that it is expected that the consolidated results of the Group for the period of six months ended 30 September 2012 will incur a significant loss, mainly due to the imputed interest expenses in respect of outstanding convertible notes and promissory note.
This profit warning is only based on the preliminary assessment by the Company's management on the consolidated management accounts of the Group, which is subject to finalization. The Company is in the process of finalizing the unaudited interim results of the Group for the six months ended 30 September 2012, which is expected to be published on 28 November 2012.
- 1 -Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
On behalf of the Board Mongolia Investment Group Limited Cheung Chi Man, Dennis
Executive Director
Hong Kong, 22 November 2012
As at the date of this announcement, the executive Directors are Mr. Yuen Chow Ming (Chairman), Mr. Yuen Wai Keung (Deputy Chairman and Chief Executive Officer), Mr. So Yiu Cheung (Deputy Chairman), Mr. Cheung Chi Man, Dennis, and Mr. Leung, Chung Tak Barry, the non-executive Directors are Mr. Wong, Kwok Kee and Mr. Ng, Wing Keung, and the independent non-executive Directors are Mr. Chan, Sai Kit Kevin, Mr. Liao Cheung Tin, Stephen, Mr. Tam Tsz Kan and Mr. Hui, Yat On.
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(incorporated in the Cayman Islands with limited liability)(Stock code: 402) PROFIT WARNING
This announcement is made by the Company pursuant to Rule 13.09(1) of the Listing Rules.
The Board wishes to inform the shareholders of the Company and potential investors that it is expected that the consolidated results of the Group for the six months ended 30 September 2012 may experience a significant loss.Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
This announcement is made by Mongolia Investment Group Limited (the "Company") pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
Based on preliminary review by the Company's management on the consolidated management accounts of the Group, the Board wishes to inform the shareholders of the Company and potential investors that it is expected that the consolidated results of the Group for the period of six months ended 30 September 2012 will incur a significant loss, mainly due to the imputed interest expenses in respect of outstanding convertible notes and promissory note.
This profit warning is only based on the preliminary assessment by the Company's management on the consolidated management accounts of the Group, which is subject to finalization. The Company is in the process of finalizing the unaudited interim results of the Group for the six months ended 30 September 2012, which is expected to be published on 28 November 2012.
- 1 -Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
On behalf of the Board Mongolia Investment Group Limited Cheung Chi Man, Dennis
Executive Director
Hong Kong, 22 November 2012
As at the date of this announcement, the executive Directors are Mr. Yuen Chow Ming (Chairman), Mr. Yuen Wai Keung (Deputy Chairman and Chief Executive Officer), Mr. So Yiu Cheung (Deputy Chairman), Mr. Cheung Chi Man, Dennis, and Mr. Leung, Chung Tak Barry, the non-executive Directors are Mr. Wong, Kwok Kee and Mr. Ng, Wing Keung, and the independent non-executive Directors are Mr. Chan, Sai Kit Kevin, Mr. Liao Cheung Tin, Stephen, Mr. Tam Tsz Kan and Mr. Hui, Yat On.
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