GR Properties Limited provided preliminary unaudited consolidated earnings guidance for the year ended 31 December 2015. The loss attributable to shareholders for the year ended 31 December 2015 is expected to increase significantly as compared to the loss attributable to shareholders for the eleven months ended 31 December 2014. The Board believes that the loss for the year is mainly due to the recognition of fair value loss on investment properties, which is a non-cash item and no material adverse effect on the group's cash flows is expected.