SINGAPORE (Nov 29): No Signboard Holdings reversed into a full-year loss of $2.3 million from earnings of $7.7 million a year ago due an underperforming beer business subsidiary -- Danish Breweries.

As a result, the group recorded an impairment of goodwill and intangible assets of $4.3 million. There was also an IPO expense of $1.1 million.

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