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8I HOLDINGS LTD Capital/Financing Update 2017

Jun 29, 2017

64264_rns_2017-06-29_172e6008-14f3-4828-9d9a-eaebd8c57678.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT / MEDIA RELEASE

For Immediate Release

8I Holdings Ltd (ASX: 8IH)

Acquisition of 68% of Rong Dao Culture Communication Co. Ltd

30 June 2017, Singapore

8I Holdings Limited (ASX: 8IH ) (“ 8IH ” or the “Company”) is pleased to announce that it has completed the acquisition of 68% of Shanghai Rong Dao Culture Communication Co. Ltd [上海融道文化传播有限公司] (“Rong Dao”), through its subsidiary, 8IH China (Shanghai) Co. Ltd [信益安(上海)实业有限 公司] (“ 8IH Shanghai), for RMB588,704.

Rong Dao is a value investing promoter and educator in China founded by Mr Zhou Guiyin in 2016. Mr Zhou graduated from Shandong University of Finance and Economics with a Bachelor’s degree in Economics and a Master’s degree in Business Administration from Shanghai University of Finance and Economics. He is a research specialist on value investing methodology and was previously a reowned financial commentator for a number of financial programmes in China including China Business Network Co. Ltd.

The acquisition of Rong Dao will provide the Company with access to local investment communities and a customised range of value investing programmes on offer. Following the acquisition, Mr Zhou Guiyin will head 8IH Shanghai’s programme development and value investing training in China. With his extensive knowledge and expertise in value investing, Mr Zhou develops a range of customised programmes tailored to suit China consumers’ needs.

  • 8IH Shanghai’s programmes will be restructured as follows:

  • Fundamental Value Investing Programme - 觉悟智慧

  • Intermediate Value Investing Programme - 全息智慧

  • Advanced Value Investing Programme - 般若智慧

  • Trainer’s Value Investing Programme - 传承智慧

With the completion of the acquisition, 8IH Shanghai, Rong Dao and their intermediary holding company, 8IH China Pte. Ltd., will be consolidated under the Private Markets Investment reporting segment. As the business is still in its infant stage, 8IH ’s Private Markets team will act as the strategic advisor to 8IH Shanghai, providing guidance, infrastructure and capital support so that 8IH Shanghai can focus on growing the business.

Head of Private Markets Investment, Ms Low Ming Li commented, “This is in line with the Company’s strategic plans and direction as we nurture and grow the business before unlocking its value at a later stage.”

ENDS

For further information, please email [email protected]

Media Enquiries:

Louis Chua Goh Yi Lin Company Secretary (Australia) Investor Relations 8I Holdings Ltd 8I Holdings Ltd +65 6225 8480 ext. 114 +65 6225 8480 ext. 116 [email protected] [email protected]

About 8I Holdings Limited

8I Holdings Limited (www.8iholdings.com) is a public listed investment company in Australia with interests in public and private markets investment, fund management and financial education.

8I Holdings invests in public listed companies and private businesses. Through 8 Capital Pte Ltd , the Group operates a licensed fund management business in Singapore and is one of the leading financial education and training providers in Singapore and Malaysia through 8VIC Global Pte Limited , supporting participants across China, Taiwan, Thailand, Myanmar, India, Vietnam and Dubai to build a foundation of value investing knowledge and methodology.