Lafe Corp

Lafe Corp: profit warning. Expects to record a significantly reduced profit for FY12 vs 9M12 results, due to impairment in the group's invmt property at Emerald Hill, which takes into account the impact of the recent Spore govt cooling measures. The indepedent professional valn is still currently in progress. The stock is down 5.3% at $0.09, after yday rising 9.2% to a multi year high of $0.095.