Brief: Enviro Energy International expects increase in FY net loss

Enviro Energy International Holdings

18/01/2017 12:36

Jan 18 (Reuters) - Enviro Energy International Holdings Ltd 
 1102.HK : 
    * Unit entered into MOU with vendor in relation to potential 
acquisition 
    * Expects to recognise a full impairment on group's mining 
properties in relation to Maros Marble Project 
    * Impairment with carrying value of approximately HK$81 
million as at 30 June 2016 
    * Impairment will in turn result in an increase in net loss 
of group 
    * Vendor is China Area International Limited 
 
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