News and Announcements
Investors Central Limited Release New Prospectus and Announce Investment Highlights
- Published September 11, 2014 3:35PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Dear Investor,
This Prospectus continues to provide an opportunity for Australians to participate in a proven investment vehicle with attractive returns ranging from 9% to 16% PA with interest paid monthly.
It is pleasing to report that 2014 was a successful year for Investors Central Limited with its 100% owned subsidiary Fin One Pty Ltd (Finance One) reporting strong growth. Summary of 2014 highlights of Finance One:
- Earned Income up 71% to $6.48M (2013:$3.77M)
- Net profit before tax up 78% to $1.83M (2013:$1.02M)
- Net Profit after tax up 78% to $1.27M (2013:$714K)
- Total Equity up 104% to $2.49M (2013:$1.21M)
- Loan Book Carrying Value up 61% to $19.10M (2013:$11.82M)
Investors Central has also introduced brokerage for securities, brokers and financial advisers. Investors Central may pay brokerage to securities, brokers and financial advisers, but only in circumstances where it is permissible to do so under Division 4 Part 737A Corporations Act. In such circumstances, the brokerage paid will not exceed 2.5% of the Application Money invested and will only be paid upon the issue of the Preference Shares.