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8I HOLDINGS LTD — Net Asset Value 2015
Mar 12, 2015
64264_rns_2015-03-12_2f5617f8-5f92-4add-af34-44adaa926895.pdf
Net Asset Value
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ASX ANNOUNCEMENT / MEDIA RELEASE
For Immediate Release
8IH - MONTHLY NET TANGIBLE ASSET PER SHARE
PERIOD ENDING 28 FEBRUARY 2015
March 13 2015, Singapore
8I Holdings (“8IH” or “the Company”) advises that the NTA per share as of 28 February 2015 is S$0.08544 (A$0.08076 based on A$1:S$1.0579*) pre-tax and S$0.08412 (A$0.07952) post-tax.
The NTA includes the recent acquisition of CPA Academy (“CPA”) which has slightly reduced the NTA per share as measured in Singapore dollars, as a result of the exclusion of goodwill in the Net Tangible Asset calculation.
The Company continues to follow its Value Investing methodology as outlined in the prospectus and has recently deployed a significant portion of funds into listed securities.
The team at 8IH, led by Executive Chairman Mr Ken Chee and Executive Director Mr Clive Tan continue to evaluate opportunities in the equities, property development and education markets.
All figures in this release are unaudited and they are subject to external review by the Company’s auditor.
*Based on Monetary Authority of Singapore Daily Exchange Rates for 28 February 2015
For further information, please visit www.8iholdings.com
ENDS
Goldbell Towers, 47 Scotts Road, #03-03/04, Singapore 228233 | t +65 6225 8480 | f +65 6235 0332
Media enquiries:
Zane Lewis Goh Yi Lin Director and Company Secretary Investor Relations 8I Holdings Ltd 8I Holdings Ltd +61 8 6555 2950 / +61 400 007 900 +65 6225 8480 [email protected] [email protected]
About 8I Holdings Limited
8I Holdings is the holding company of the 8I Group that is based in Singapore and operates an investment business in listed securities, real property developments, and a financial education and training seminar business. Our experiences as a financial education company focusing on investment techniques with “Value Investing” through our flagship “Millionaire Investor Program” has facilitated significant growth and established 8I Group as one of the leading financial education seminar operators with an investment business in Singapore.
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