Sino Construction

Sino Construction: Profit warning for 3Q13 due to the intense business competition in the construction industry and not securing any contracts since Jan 2013. In addition, group is required to make an allowance for impairment of Rmb75.3m from four previous roadworks projects, after its customer had been charged in court in May 2013 for creating a scam and siphoning off large sums of monies collected from the development.