8i holdings ltd-cdi (8IH) Snapshot

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8i holdings ltd-cdi (8IH) Details

8I Holdings Limited, an investment holding and management consultancy company, invests in public and private markets. It operates a licensed fund; provides financial education and training services primarily through its Millionaire Investor Program and Value Investing College; and organizes seminars and programs. The company is also involved in business management consultancy, investment trading, and advertising and event management activities. It operates in Singapore, Malaysia, the People's Republic of China, Australia, and other countries. The company was founded in 2008 and is headquartered in Singapore.

65 Employees
Last Reported Date: 06/29/18
Founded in 2008

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8i holdings ltd-cdi
8I Holdings Limited Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018

8I Holdings Limited reported consolidated earnings results for the six months ended September 30, 2018. For the period, the company reported revenue of SGD 9,619,463 compared to SGD 8,680,590 a year ago. Loss before tax was SGD 8,758,885 compared to profit of SGD 2,609,850 a year ago. Loss for the period was SGD 8,913,270 compared to profit of SGD 2,494,971 a year ago. Los basic per share continuing and discontinued operations was SGD 2.48 compared to earnings per basic share of SGD 0.68 a year ago.

8I Holdings Limited Revises Earnings Guidance for the Half Year of 2019

8I Holdings Limited revised earnings guidance for the half year of 2019. For the period the company revised its expected net loss to be in the range of SGD 8 million to SGD 9 million on expected revenue of approximately SGD 9 million to SGD 10 million. The expected loss is mainly attributable to the reduction in the valuation of the company's mark-to-market investments in quoted securities. This resulted in an unrealized fair value loss on investment securities of approximately SGD 8 million to SGD 9 million due to market correction.

8I Holdings Limited Announces Re-Designation of Ken Chee from Executive Chairman to Non-Executive Chairman, Effective January 1, 2019

8I Holdings Ltd. advised that Mr. Ken Chee, the Executive Chairman of the Company, will be re-designated from Executive Chairman to Non-Executive Chairman of the Company with effect from January 1, 2019. As a co-founder of the Group's financial education business, Mr. Chee will spearhead the regional expansion of the financial education business digitally through WealthPark, a smart investing technology platform developed and launched by 8Bit Global Pte Ltd.


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