The board of directors of Tan Chong International Limited announced that based on the preliminary review of and assessment on information currently available to the company, the Group is expected to record an unaudited loss on its investments designated as at fair value through other comprehensive income for the six months ended June 30, 2016. The loss is due to share price decline of its listed investments which are marked to market and therefore unrealised, as compared to an unaudited gain for the corresponding period in 2015. The unrealized loss will be reported in its other comprehensive income statement for the period. The expected unrealised loss amounts to HKD 680 million as compared to the unrealised gain of HKD 79 million for the corresponding period in 2015.