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8I HOLDINGS LTD — Net Asset Value 2018
Aug 12, 2018
64264_rns_2018-08-12_969e7533-ab8f-4ec4-a7d2-98b6eaa15c2d.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 JULY 2018
13 August 2018, Singapore
8I Holdings Ltd (“ 8IH ” or the “Company”) advises that the NTA per share as of 31 July 2018 is S$0.10653 (A$0.10540 based on A$1:S$1.0107*) pre-tax and S$0.10602 (A$0.10490) 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 business.
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 31 July 2018
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 6801 4500 ext. 114 +65 6801 4500 ext. 116 [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 Global Pte Ltd (“8VIC”) and 8IH China Pte Ltd (“8IHC), with offices in Singapore, Malaysia, Thailand, Taiwan and Shanghai, supporting a community of value-investors from 24 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 low-profile underappreciated Asian Hidden Champions 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 investor to manage investment risk better and make smarter investing decisions.