The board of directors of Star Properties Group (Cayman Islands) Limited informed the shareholders of the Company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2017 and the information currently available to the Group, it is expected that the group will record profit attributable to the shareholders for the six months ended 30 June 2017 as compared with the loss recorded by the group for the six months ended 30 June 2016. Such profit for the six months ended 30 June 2017 was primary due to the revenue recognition from completion of The Star, an industrial building developed by the Group, which is situated at the Remaining Portion of Section B of Lot No. 693 in Demarcation District No. 445, Kwai Chung, New Territories, Hong Kong of approximately HKD 594 million.