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8I HOLDINGS LTD — Net Asset Value 2015
Feb 12, 2015
64264_rns_2015-02-12_e9d6fa0b-00b1-4382-8b47-98d223a575ba.pdf
Net Asset Value
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ASX ANNOUNCEMENT / MEDIA RELEASE
For Immediate Release
8IH - MONTHLY NET TANGIBLE ASSET PER SHARE
PERIOD ENDING 31 JANUARY 2015
February 13 2015, Singapore
8I Holdings (“8IH” or “the Company”) advises that the NTA per share as of 31 January 2015 is S$0.08725 (A$0.08298 based on A$1:S$1.0515*) pre-tax and S$0.08608 (A$0.08186) post-tax.
The NTA includes the recent acquisition of Hemus Pacific (“Hemus”) 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 funds into listed securities.
In addition (as announced on January 30 2015), 8IH has recently completed the acquisition of Hemus and is conducting due diligence on CPA Academy Pte Ltd (“CPA Academy”) with a view to completing the acquisition of CPA in February 2015.
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.
Goldbell Towers, 47 Scotts Road, #03-03/04, Singapore 228233 | t +65 6225 8480 | f +65 6235 0332
*Based on Monetary Authority of Singapore Daily Exchange Rates for 31 January 2015
For further information, please visit www.8iholdings.com
ENDS
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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