March 20, 2018 / 3:17 PM / in 7 months

BRIEF-GR Properties Says FY ‍Net Loss Expected To Increase By About 70%

March 20 (Reuters) - GR Properties Ltd:

* ‍NET LOSS EXPECTED TO INCREASE BY APPROXIMATELY 70% AS COMPARED TO CONSOLIDATED NET LOSS FOR YEAR ENDED 31 DECEMBER 2016​

* EXPECTED RESULT DUE TO ‍RECOGNITION OF FAIR VALUE LOSS OF GROUP’S INVESTMENT PROPERTY OF BOUNDARY HOUSE​ Source text for Eikon: Further company coverage:

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