Brief: Net Pacific Financial announces conversion of loans into shares of partner co

Net Pacific Holdings

14/11/2017 11:05

Nov 14 (Reuters) - Net Pacific Financial Holdings Ltd 
 NPFH.SI : 
    * Announces conversion of loans into shares of partner 
company 
    * Jetwin Investments entered agreement with borrower 
companies in 
Australia in relation to some of group's loan portfolio 
    * Partner company is seeking to list on Australian 
Securities 
Exchange 
    * Co to hold shares in partner company as an investment 
stake 
    * Expects conversion to have positive impact on consol EPS 
for 
group for financial year ending 31 December 2017 
 
Source text for Eikon:  ID:nSNZ3ZFV12  
Further company coverage:  NPFH.SI  
 
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