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8I HOLDINGS LTD — Net Asset Value 2018
Nov 13, 2018
64264_rns_2018-11-13_23c3c7b9-784a-4c2b-bb4a-7776410b775b.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 OCTOBER 2018
14 November 2018, Singapore
8I Holdings Ltd (ASX: 8IH ) (“ 8IH ” or the “ Company ”) advises that the NTA per share as of 31 October 2018 is S$0.0925 (A$0.0942 based on A$1:S$0.9825*) pre-tax and S$0.0927 (A$0.0944) post-tax.
The Company continues to follow its Value Investing methodology.
The team at 8IH , led by Executive Chairman, Mr Ken Chee and Executive Director, Mr Clive Tan continue to evaluate opportunities in public listed companies, private businesses, and financial education and training businesses.
All figures in the 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 31 October 2018
ENDS
For further information, please contact [email protected]
Media Enquiries:
Louis Chua Goh Yi Lin Company Secretary (Australia) Investor Relations 8I Holdings Ltd 8I Holdings Ltd +65 6801 4500 ext. 114 +65 6801 4502 [email protected] [email protected]
About 8I Holdings Limited
8I Holdings Limited (“the Group”) is an Australian-listed investment holding company engaged in the businesses of financial education, public and private market investments, and financial technology.
The Group is the leading financial education provider in Singapore and Malaysia through 8VIC Holdings Ltd (“8VIC”) and 8IH China Pte Ltd (“8IHC), with offices in Singapore, Malaysia, Thailand, Taiwan and Shanghai, supporting a community of value-investors from 29 cities globally. Through Hidden Champions Capital Management Pte Ltd (“HCCM”), the Group operates a licensed fund management business in Singapore, investing in public listed equities in the Asia-Pacific through a focused strategy of investing in valueadding, nimble and scalable growing Hidden Champions that are typically at the forefront of their markets to achieve long-term investment returns. The Group also invests in private businesses with hidden value and good operational track record. As a strategic investor, the goal is to value-add and create synergy amongst 8IH ’s business ecosystem. 8Bit Global Pte Ltd (“8Bit”), a joint-venture between the Group and 8VIC, provides smart screening and proprietary investing analysis tools and passive investment products to enable the man-on-the-street to invest smarter, faster and easier.