Min Xin Holdings Ltd Comments On FY 2012 Profit Guidance

Min Xin Holdings Ltd announced that for fiscal 2012, it expected to record a substantial increase as compared to that of 2011, which was mainly due to the recognition of the estimated gain on disposal of 5% equity interest in XIB and the gain on dilution of shareholding in XIB as described in the Announcements and, in addition, in view of the expected increase in the share of net profit attributable to the Company due to the increase in the net profit of XIB for fiscal 2012 as compared to that of fiscal 2011 on the basis of unaudited financial information available to the Company.