WHY NOVUS CAPITAL?

is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.

CONTACT INFO
  • Address: Level 11, Plaza Building Australia Square, 95 Pitt Street, Sydney, NSW 2000 Australia
  • Phone: +61 2 9375 0100
  • Email: Contact Us
Credit Intelligence Limited

Credit Intelligence Limited

About Credit Intelligence Limited (ASX:CI1)

Credit Intelligence Limited is one of the leading diversified debt restructuring and personal insolvency management services operations in Hong Kong in the credit funding sector. CI1's main business includes the provision of bankruptcy admissions services and Individual Voluntary Arrangements proposal consultancy and implementation services. CI1 made tow-part acquisitions of companies based in Singapore which are reported as being earnings accretive in the FY2020.

The Company is seeking to initiate the purchase of part or all of the issued capital, or the assets of the target company which is yet to be identified. The target company to be a suitable acquisition will have broadly similar markets which it is currently serving in Australia or New Zealand and may have or is capable of moving into lending in small amounts to its clients as a part of their journey in being ultimately able to tap into more traditional sources of finance.

Novus has been mandated to identify and assist in the acquisition of debt management businesses in Australia which have synergies with the Company's Asia-Pacific expansions strategies.

The Novus team will be led by Mr. Robert Shaw of Corporate Advisory Services, who has significant experience in growing companies in a number of different industry sectors and has through previous roles, a strong knowledge of the sectors which appeal to CI1.

Click here to view the ASX Announcement         

For further information, please contact Robert Shaw of Novus Capital Limited on mobile +61 412 664 501 or via email Rob.Shaw@novuscapital.com.au