The board of directors of SkyOcean International Holdings Limited announced that the Group is expected to record an increase in loss in its unaudited interim results for the six months ended 30 June 2014 as compared to the corresponding period last year. The expected loss is primarily attributable to the increase in operating cost of approximately HKD 14 million incurred by the group's property development segment; the revenue from the property development segment will only be generated upon sales of the 4th Generation Skyocean City urban complex project.