Reference is made to the Company's announcement on 13 December 2013 pertaining to the above subject matter. The terms used in this announcement shall have the same meaning as those defined in the announcement dated 13 December 2013.
The Board of Directors of the Company is pleased to announce the following additional information in relation to the Contract.
1. The effect of the Contract on the net assets of share of Company and its subsidiaries ("the Group")
The Contract is not expected to have any impact on the net assets per share of the Group as no investment/injection of new assets for Contract is required.
2. The risks in relation to the Contract
Save for the failure in delivering the specific scope of work pursuant to the Contract, there is no other risks in relation to the Contract. However, the Company will put in place the following plans to manage the deliverable:-
a. a tight control on the timeline of the project deliverable.
b. close and regular meetings with the client to iron out issues at anytime.
This announcement is dated 17 December 2013.