Vongroup Ltd. announced that it is expected to record a loss in its annual results for the year ended 30 April 2012 that is higher than the loss for the previous year. The expected loss is attributable mainly to, among other things, realised and unrealised loss on investments in listed equity securities at fair value and decrease in unrealised fair value gain on investment properties, due to recent downturn in global investment market conditions and the Hong Kong property market.