The Board of Neptune Group Limited expected to make a substantial loss for the year ending 30 June 2015 as a result of the closure of a VIP gaming lounge in Macau in which the Group has a 20% interest. As a result of the notification by Lucky Star to the company of its intended cessation of its gaming promotion business at the StarWorld Hotel in Macau commencing 1 July 2015. Such closure will result in the making of a material impairment of an intangible asset and charge to profit and loss account for the year ending 30 June 2015.