Solvar Sells New Zealand Arrears Loan Book for NZ$8 Million; Share Rise 6%

MT Newswires Live

2025/11/25

Solvar (ASX:SVR) sold its New Zealand arrears loan book for NZ$8 million, according to a Tuesday filing with the Australian bourse.

The company can earn a potential NZ$1.4 million uplift from the sale, based on its performance over the next three years, the filing said.

It also declared a fully franked special dividend of AU$0.025 per share, payable on Jan. 29, 2026, as a result of the sale, the filing added.

Shares of the company rose 6% in recent Tuesday trade.

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Share Rise 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-11-25 07:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Solvar (ASX:SVR) sold its New Zealand arrears loan book for NZ$8 million, according to a Tuesday filing with the Australian bourse.</p><p>The company can earn a potential NZ$1.4 million uplift from the sale, based on its performance over the next three years, the filing said.</p><p>It also declared a fully franked special dividend of AU$0.025 per share, payable on Jan. 29, 2026, as a result of the sale, the filing added.</p><p>Shares of the company rose 6% in recent Tuesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"T10G.NZ","symbol_name":"S&P/NZX 10","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2586416469","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586416469","pubTimestamp":1764027913,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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