Asian Capital Holding Limited provided earnings guidance for the year ended December 31, 2012. For the period, the group is expecting to record a loss as compared to a profit in 2011. Based on the information available for the time being, the board considers the loss was mainly attributable to the year-on-year decrease in corporate advisory income; placing and underwriting service income/commission; and securities dealing commission and gain.

Despite the aforesaid anticipated loss, the Group remains debt free and its overall financial position remains sound.