JRH ASI, an investment company listed on the Warsaw Stock Exchange, is set to implement the next stage of its new business strategy. The supervisory board of JRH ASI has approved a plan drafted by the management board and the investment committee. This involves restructuring the company’s investment portfolio, while simultaneously reducing JRH’s liabilities towards its primary shareholder. Through planned transactions, JRH is expected to make a profit exceeding 15 million PLN.
After making its debut on the main market of the Warsaw Stock Exchange, previously listed for 12 years on NewConnect, JRH ASI S.A. (formerly JR Holding ASI S.A.) published a new strategy for the years 2024-2027. Investment activity centers around the use and development of artificial intelligence. The company will focus on engagement with businesses from sectors identified as future industries. These include: AI and digital business, energy transformation, deep tech and space industry, biotech and medtech, gaming, sustainable development, and circular economy. The strategy foresees the restructure of the investment portfolio accordingly.
“Based on our new investment strategy, and wanting to achieve the goal set in the strategy to reduce liabilities, a decision has been made by the Investment Committee to select portfolio companies to be sold to our main shareholder – January Ciszewski. These are companies that are either less fit to the new strategy or are some kind of a residue from earlier stages of the company activity”, said Bartłomiej Kurylak, CFO of JRH ASI S.A.
The plan prepared by the Investment Committee was approved by the Company’s Supervisory Board. The objective is to achieve and maintain a liability level not exceeding 10 million PLN or 3% of the portfolio value. The sale will be conducted by offsetting mutual claims between JRH and January Ciszewski and his controlled company Kuźnica Centrum. This will result in reducing the company’s liability by 55.4 million PLN and decreasing the balance sheet sum and the value of the investment portfolio by 35.2 million PLN. JRH will make a profit from these transactions, amounting in total to 15.1 million PLN. The announced transactions will be completed shortly.
JRH ASI S.A. – (formerly JR Holding ASI S.A.) has been listed since 2012 on the NewConnect market and since March 2024 on the main Warsaw Stock Exchange market. The company focuses on investment activity and engagement in future industries: AI and digital business, energy transformation, deep tech and space industry, biotech and medtech, gaming, sustainable development, and the circular economy.
Through the utilization and development of artificial intelligence, JRH ASI is able to concentrate on investment activity in sectors such as AI and Digital Business, involving the digitalization of business based on AI. In the energy transformation sector, the company invests in initiatives involving green energy, carbon neutrality, and decarbonization. Deep Tech and Space Industry focuses on projects based on R&D or advanced technological engineering. The Biotech and MedTech sector involves the development of genetic diagnostics, the production and modification of medical products, and modified food. The gaming sector involves game development and publishing. Lastly, in the sustainability and circular economy sector, the company concentrates on extending product life cycles and minimizing waste.
According to its new strategy, the company intends to expand its portfolio, increasing its diversification, investing in the most perspective ventures, and launching new investment projects.
Source: https://ceo.com.pl/jrh-asi-rozpoczyna-kolejny-etap-strategii-redukcja-zobowiazan-i-porzadkowanie-portfela-21475
