Asiasec Properties Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2021. For the year, The Group will record a significant net loss of around 28 times of the net loss of approximately HKD 56.7 million for the year ended 31st December, 2020. The primary reasons for the significant increase in the net loss was an unaudited loss on disposal of a subsidiary of approximately HKD 1.47 billion, details of the transaction which were disclosed in the circular of the Company dated 5th October, 2021 and increase in the impairment losses on loan and interest receivable.