ICube Technology Holdings Limited announced that the Group expects to record a significant loss for the six months ended September 30, 2014 as compared with the profit recorded for the corresponding period in 2013. It is mainly due to: (1) the fair value losses on revaluation of derivative component of convertible bonds; and (2) the losses arising from modification of the terms of the convertible bonds of the company. The aggregate amount of these losses is expected to be approximately HKD 1,207 million and is non-cash in nature and has no effect on the cash flow.