Link: https://links.sgx.com/1.0.0/corporate-announcements/KUYG31A7B9L8P8YM/9065d21658702c6d1795774d3f39e041f82761b50b14b04bf2ccebd53411062b

Summary:

• The Group expects to report a net loss for the first half of 2025, compared to a net profit in the same period last year.

• Loss mainly due to share of results from an associate, linked to adverse changes in fair value of UK investment properties, driven by higher capitalisation rates and weaker market sentiment.

• Additional net loss arises from the remeasurement of Exchangeable Bonds related to a Relevant Redemption Event.

• These fair value losses are non-cash and not expected to impact the Group’s operating cash flow.

• Despite the loss, the company states it remains financially healthy with sufficient liquidity for obligations.

• Full unaudited results for 1H 2025 will be released on or around 14 August 2025.

• Shareholders and investors are advised to exercise caution and consult professional advisors if unsure about actions to take.