Southeast Asia Properties & Finance Limited board of directors announced that the annual results of the group for the year ended 31 March 2016 are expected to record a significant decrease in profit as compared with a profit of HKD 166.4 million for the year ended 31 March 2015. It is mainly attributable to the decrease in the gain arising on change in fair value of the Group's investment properties of HKD 39.0 million and an one-off gain on disposal of one of the Group's investment properties of HKD 107.7 million incurred in the year end 31 March 2015.