LION ASIAPAC LIMITED (Co. Reg. No. 196800586R)
(Incorporated in the Republic of Singapore)
Profit Guidance
The Board of Directors of Lion Asiapac Limited (the "Company" and together with its subsidiaries, the "Group") wishes to inform that, in anticipation of the Company's announcement of the Group's unaudited financial results ("FY 2014 Results") for the fourth quarter and full year ended 30 June 2014, which is expected to be released in late August
2014, the Directors consider it appropriate to issue a profit guidance announcement in respect of the FY 2014 Results.
Based on a preliminary review of the FY 2014 Results, the Group is expected to report a loss for the fourth quarter, due to provisions made for asset impairment. As such, the Group's net earnings for the financial year ended 30 June 2014 would decline accordingly.
Further details of the Group's performance will be disclosed when the Company announces its
FY 2014 Results in late August 2014.
In the meantime, shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company. If in doubt about the action that they should take, they should seek advice from their stockbrokers, bankers, solicitors, accountants, tax advisers or other professional advisers.
BY ORDER OF THE BOARD LION ASIAPAC LIMITED
Tan Yen Hui
Company Secretary
Singapore, 31 July 2014
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