Sing Holdings Limited provided earnings guidance for the first quarter ended March 31, 2015. The company expects to report a loss for the first quarter of 2015. The loss is primarily due to higher sales and marketing expenses incurred for the Group's development properties, without corresponding revenue recognition from sales of units in Waterwoods in accordance with accounting standards.
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- Sing Holdings Limited Provides Earnings Guidance for the First Quarter Ended March 31, 2015