SIV Capital Limited (ASX:SIV) held its Annual General Meeting (AGM) today, where the Chairman addressed shareholders, providing an update on the company’s activities. SIV Capital is an investment company focused on generating returns through strategic investments and asset management. The Chairman referred shareholders to the Chairman’s Report within the Annual Report for the year ended 30 June 2025, noting its currency as of 27 August 2025.
Operationally, SIV Capital reported a negative cash flow of approximately $110,000 from current operating activities for the first quarter of FY25. This figure accounts for rental asset income, bad debts recovered, and interest earned, offset by administrative and corporate outgoings related to the company’s scaled-down operations. As of the AGM date, the company holds just over $8 million in cash at bank and interest-bearing deposits.
Regarding legacy issues, the company is actively pursuing the recovery of outstanding debts where a positive financial outcome is reasonably expected. In terms of corporate activity, SIV Capital continues to explore the prospect of a previously disclosed non-binding indicative offer (NBIO).
The transaction related to this NBIO is the sole prospect currently under consideration, as other opportunities have failed to meet the company’s key financial criteria for enhancing shareholder value. The NBIO remains subject to several conditions, and there is no guarantee that the transaction will proceed. The directors have stated that they will explore alternative transactions if the current one does not come to fruition. This announcement was authorised for release by the SIV Capital Board of Directors.
