Eternity Investment (HKG:0764) expected to record a significant loss for the year ended 31 December 2011. The expected loss is attributable to the recognition of an impairment loss in respect of intangible assets, a non-cash expense item. The recognition of the impairment loss is a direct result of the receipt of a notice for terminating one of the services agreements of the group.

The Company said that the termination of service agreement will become effective on 12 September 2012, there is no immediate impact on the revenue of the group’s provision of management services business for the year ended 31 December 2011 and the six months ending 31 June 2012, however, the revenue of the group’s provision of management services business will be materially affected starting from 12 September 2012.