Star Properties Group (Cayman Islands) Limited provided group earnings guidance for the six months ended 30 June 2020. For the period, the Group, it is expected to record a profit attributable to the equity Shareholder for the six months ended 30 June 2020 as compared to the loss recorded by the Group for the six months ended 30 June 2019. Such expected profit for the six months ended 30 June 2020 was primarily due to the completion of the very substantial disposal of the sale share of Rainbow Red Holdings Limited, which was an indirectly wholly-owned subsidiary of the Company, and the shareholder's loan which has disclosed on the announcement dated 31 December 2019 and 28 February 2020 and the circular dated 28 May 2020.