Grand Ming Group Holdings Limited in relation to the expected significant increase in net profit of the group for the year ended 31 March 2014 as compared to that of the last year. The expected significant increase in net profit is primarily attributable to, among other things, the increase in fair value of investment properties ("FV Increase") of the Group. Based on the draft valuation report recently provided to the FV Increase is estimated to be at least HKD 250 million, primarily arising from the development progress of the second high-tier data centre, located in Ta Chuen Ping Street, Kwai Chung, New Territories, Hong Kong.