The board of directors of King Force Securities Holdings Ltd. to inform the shareholders of the company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the nine months ended 31 December 2015, the Group is expected to record a loss for the nine months ended 31 December 2015 as compared with the profit recorded for the corresponding period in 2014. The expected loss was primarily attributable to (i) an increase in administrative expenses, being mainly legal and professional fee and consultation expenses in relation to the acquisition of Magn Investment Limited by the Group, when compared to its results for the nine months ended 31 December 2014; and (ii) the Group's share of loss of its associated company, which will likely offset the overall positive result of the Group's core business and result in an overall net loss for the Group on a consolidated basis for the nine months ended 31 December 2015. The said share of loss of associated company was primarily due to the upfront cost in research and development of software and mobile games.

The revenue generated from the mobile game business was commenced to reflect in the financial statements of the associated company in December 2015.