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8510 Top Standard News Story

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Brief: Top Standard Corp Sees Net Profit Of Not Less Than HK$10 Million For Three Months

May 11 (Reuters) - Top Standard Corp  8510.HK :
    * ON 22 MARCH WINDING UP ORDER OF LEADING WIN WAS GRANTED BY
HIGH
COURT OF HONG KONG SPECIAL ADMINISTRATIVE REGION
    * SEES  NET PROFIT OF NOT LESS THAN APPROXIMATELY HK$10
MILLION
FOR THREE MONTHS
    * LEADING WIN IS IN COMPULSORY WINDING UP PROCESS BY ITS
PROVISIONAL LIQUIDATOR DURING THREE MONTHS ENDED 31 MARCH
    * ACTIVELY SEEKING LEGAL ADVICE IN RELATION TO ORDER OF
LEADING
WIN
    * EXPECTED TURNING FROM LOSS TO PROFIT MAINLY ATTRIBUTED BY
NET
EFFECT FROM GAIN ON DE-CONSOLIDATION OF HK$26 MILLION

Further company coverage:  8510.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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