WMCH Global Investment Limited provided Group earnings guidance for the six months ended 30 June 2020. Based on its preliminary assessment of the unaudited consolidated management accounts, the Group expects to record a loss before tax of not less than SGD 2.5 million for the six months ended 30 June 2020, as compared to the loss before tax of approximately SGD 0.7 million of the Group for the six months ended 30 June 2019. To the best of the Directors' knowledge, information and belief, having made all reasonable enquiries, the above expected increase in loss was primarily due to the outbreak of novel coronavirus (COVID-19) during this period. The construction progress was slowed down since early of the year as supply of raw materials for construction industry which mainly came from China had negatively affected due to the country implementation of lockdown measures to slow the spread of the virus by reducing face-to-face human interaction. In addition, further lockdown measures implemented by both Singapore and Vietnam government had negatively impacted the work progress for construction industry.