Star Properties Group (Cayman Islands) Limited board of directors of the Company is expected that the Group will record a loss attributable to the equity Shareholder for the six months ended 30 June 2018 as compared to the profit recorded by the Group for the six months ended 30 June 2017. Such expected loss for the six months ended 30 June 2018 was primarily due to the decrease in revenue recognition as there was no completion of property development projects for the six months ended 30 June 2018. The Rainbow Project is expected to complete in the second half of 2018. As a result, the Group's revenue generated from sale of development projects for the six months ended 30 June 2018 was significantly affected.