FINWIRES · TerminalLIVE
FINWIRES

Findi Names New Chairman, Begins Strategic Review of Operating Business Units

By

Findi (ASX:FND) said non-executive director Stephen Benton will assume the role of non-executive chairman, according to a Friday Australian bourse filing.

Nicholas Smedley will revert to a non-executive director role and retain the chairmanship of Transaction Solutions International, focusing on executing against plans for the initial public offering (IPO) of the Indian business.

In the same filing, the company said the board engaged external advisers to support a strategic review of its three operating business units. The move is intended to optimize capital allocation across the group, identify additional operating synergies, and formalize the pathway toward securing a Payments Bank license in India and progressing the planned IPO.

Findi's shares rose 1% in recent trading on Friday.

Related Articles

Asia

F&C Investment Trust Reports Net Asset Per Ordinary Share

F&C Investment Trust (NZE:FCT) said its net assets before charges at market value and excluding income came in at 3.7129 pounds sterling per ordinary share as of Wednesday, according to a Friday New Zealand bourse filing.Net assets per ordinary share before charges at market value and including income clocked in at 3.7267 pounds sterling, per the filing.Meanwhile, net assets before charges at nominal value and excluding income were 3.6011 pounds sterling per ordinary share.Net assets before charges at nominal value and including income were 3.6149 pounds sterling per ordinary share.

$NZE:FCT
Asia

Henderson Far East Income Reports Net Asset Value

Henderson Far East Income's (NZE:HFL) unaudited net asset value, including current fiscal year revenue items, was 2.664 pounds sterling per share as of Wednesday, according to a Friday filing with the New Zealand bourse.Unaudited net asset value, excluding current fiscal year revenue items for the same period, was 2.634 pounds sterling per share, the filing said.

$NZE:HFL
Asia

Bankers Investment Trust Reports Net Asset Value

Bankers Investment Trust's (NZE:BIT) unaudited net asset value was 1.599 pounds sterling per share as of Wednesday, according to a Friday filing with the New Zealand bourse.This included current financial year revenue items and excluded shares held in treasury.The unaudited net asset value, excluding current financial year revenue items and shares held in treasury, was 1.593 pounds sterling per share, the filing said.

$NZE:BIT