Sino Credit Holdings Limited Board announced the shareholders of the company and the potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group, the Group is expected to record a significant loss for the year ended March 31, 2014 as compared to the year ended 31 March 2013. The significant loss is mainly attributable to the recognition of the impairment loss of approximately HKD 113,539,000 in respect of the intangible assets arisen from the termination of the junket representative agreement between Nove and the Venetian and cessation of receiving Nove profit pursuant to Nove profit agreement after December 31, 2013 as disclosed in the announcement of the company dated 3 December 2013.