General Announcement::Positive Profit Alert

Issuer & Securities

Issuer/ Manager
TITAN PETROCHEMICALS GROUP LIMITED
Securities
TITANPETROUS$21.444MN150713A - US888312AC98 - 4HWB
TITANPETROUS$21.444MN150713R - USG8890GAC71 - 4HXB
TITANPETROUS$118.575MN150713A - US888312AD71 - 4HYB
TITANPETROUS$118.575MN150713R - USG8890GAD54 - 4HZB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
11-Aug-2014 17:13:01
Status
New
Announcement Sub Title
Positive Profit Alert
Announcement Reference
SG140811OTHRK6PM
Submitted By (Co./ Ind. Name)
Titan Petrochemicals Group Limited
Designation
Authorised Signatory
Description (Please provide a detailed description of the event in the box below)
The Board hereby inform the shareholders of the Company and potential investors that, based on the preliminary assessment by the Group's management of the unaudited management accounts of the Group for the six months ended 30 June 2014, the Group is expected to record a substantial profit for the six months ended 30 June 2014 mainly due to the reversal of amounts due to the deconsolidated subsidiaries during the six months ended 30 June 2014.

Attachments

e1192.pdf
Total size =83K