| Announcement Title | Financial Statements and Related Announcement |
| Announcement Subtitle | First Quarter Results |
| Securities | COURAGE MARINE GROUP LIMITED (COURAGEM) |
| Date & Time of Broadcast | May 14, 2014 22:21 |
| Submitted By | WU CHAO-HUAN MANAGING DIRECTOR |
| Description | PLEASE SEE ATTACHED. |
| For Financial Period Ended | Mar 31, 2014 |
Attachments