Burwill Holdings Makes Profit Alert
OREANDA-NEWS. August 06, 2014. This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
The board of directors of Burwill Holdings Limited (the “Company”) hereby informs the shareholders of the Company and the potential investors that according to information available, the Company and its subsidiaries (the “Group”) records fair value losses on iron ore commodity swap contracts of approximately HKD28 million for the six months ended 30 June 2014. The interim results of the Group will be affected.
The Company is preparing the Group’s interim results for the six months ended 30 June 2014 and it will be announced in August 2014.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.
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