BRIEF-Conduit Capital FY NAV per share rises 3.9 pct

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BRIEF-Conduit Capital FY NAV per share rises 3.9 pct
Credit: © Reuters.

Sept 27 (Reuters) - CONDUIT CAPITAL LTD CNDJ.J :

* FOR YEAR TO 30 JUNE 2017, NAV PER SHARE INCREASED 3.9 PCT TO 176.1 CENTS PER SHARE

* ON A HEADLINE BASIS, GROUP SHOWED FY LOSS ATTRIBUTABLE TO EQUITY HOLDERS OF R68.0 MILLION VERSUS HEADLINE LOSS OF R17.7 MILLION YEAR AGO

* HAS A WIDE RANGE OF OPPORTUNITIES IN WHICH TO DEPLOY CAPITAL AT ATTRACTIVE RATES AND THEREFORE NO DIVIDEND HAS BEEN DECLARED

* UNLIKELY CONDUIT WILL PAY DIVIDENDS IN FUTURE

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