The board of directors of the China Asean Resources Ltd. announced that, based on the unaudited consolidated management accounts of the Group for the year ended 31 December 2012, the Group is expected to record an increase in loss for year ended 31 December 2012 as compared to the loss amount recorded for the year ended 31 December 2011. Based on information currently available, the Board believes that the increase in loss is primarily due to the impairment loss on the intangible assets.
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