Brief: Global Digital Creations expects to record loss for nine months ended 30 Sept

Global Digital Creations Holdings

21/10/2016 09:45

Oct 21 (Reuters) - Global Digital Creations Holdings Ltd 
 8271.HK  
    * Expected to record a loss for nine months ended 30 
september 2016 
    * Expected results due to impairment loss and write off  
    * Guangdong cultural park received a civil judgement from 
intermediate people's court of Guangzhou City of Guangzhou 
Province 
    * "Court declared that framework agreement and its 
supplemental agreements were terminated as of 22 March 2016" 
    * All other claims made by Pearl River Film Production 
Limited were dismissed 
    * To record an impairment loss of approximately RMB92.5 
million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6YGk3q 
Further company coverage:  8271.HK  
 
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