The board of directors of COL Capital Limited announced to the shareholders of the company and potential investors that the Group is expected to record an increase in loss for the year ended June 30, 2013 as compared to 2012 mainly due to (i) realized and unrealized losses from its listed investments held for trading and (ii) expected substantial increase in share of losses of associates (as the Group's interests in associates will be reduced accordingly, no provision for impairment on the Group's interests in associates will be made) in the midst of mounting concerns on slowing global growth which dented demand for raw materials and battered equity prices of the resources sector and the broader market.