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First Shanghai Investments Ltd Comments On FY 2012 Guidance

Friday, 1 Mar 2013 03:40am EST 

First Shanghai Investments Ltd announced that it expects to record a significant loss for fiscal 2012, as compared to a loss for the year 2011. The expected loss is mainly attributable to (i) the expected share of loss from its investment in a listed associate, after its further provision for impairment on certain investments, and (ii) the recognition of loss on disposal of investment property. 

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