The Board of Directors of Get Nice Holdings Limited informed the shareholders of the company and potential investors that based on a preliminary review of the group's unaudited management accounts, it is expected to record a profit for the year ended March 31, 2014 as compared to the loss for the year ended March 31, 2013. The turnaround of the group's results was mainly attributable to the gain realized from the one-off transaction relating to the disposal of Grand Waldo complex and certain related assets by the group. The disposal was completed in July 2013 and details of the disposal are disclosed in the circular of the company dated 24 May 2013.