January 5, 2018 / 9:25 AM / 9 months ago

BRIEF-Tan Chong International Expects Loss On Investments For Year Ended 31 Dec 2017​

Jan 5 (Reuters) - Tan Chong International Ltd:

* EXPECTS TO RECORD AN UNAUDITED UNREALISED LOSS ON ITS INVESTMENTS FOR YEAR ENDED 31 DECEMBER 2017​

* ‍EXPECTED UNREALISED LOSS AMOUNTS TO HK$726 MILLION FOR YEAR ENDED 31 DEC 2017 ​

* LOSS IS DUE TO SHARE PRICE CHANGES OF ITS LISTED INVESTMENTS, WHICH ARE MARKED TO MARKET AND THEREFORE UNREALISED Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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