Singapore eDevelopment Limited provided consolidated earnings guidance for the first half ended 30, June 2020. The Board of Directors has reviewed the preliminary unaudited consolidated financial statements of the Group for the financial period ended 30 June 2020 and wishes to advise that the Group expects to report a loss for the period, principally due to the following factors: administrative expenses were incurred in respect of the Group's biomedical business; and the Group's investment business reported a fair value loss in respect of its investment securities.