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    Associated and Subsidiary Companies
Wholly Owned

Imperial Pacific Asset Management Pty Limited
Imperial Pacific Asset Management Pty Limited holds an Australian Financial Services License (Number: 288 318 ).
It manages the portfolio of London City Equities Limited under a fifteen year management agreement to 30 June 2020.


Imperial Pacific Fund Managers Pty Limited
Imperial Pacific Fund Managers undertakes nominee shareholding activities

Imperial Pacific Resources Pty Limited
Imperial Pacific Resources maintains a watching brief over possible direct involvement in the resources sector.
Associated and Affiliates

London City Equities Limited (31% owned)
London City Equities Limited is an Australian Stock Exchange Limited public listed strategic holding company. It specialises in taking meaningful shareholding percentages and in some cases, board representation in companies which meet the clearly defined aim of investing only in companies which are strategic in ownership percentage, hold a significant share of their market, have inherent growth, have management which behaves like owners and, most importantly, are undervalued.
London City concentrates on friendly, rather than hostile, investment relationships. The portfolio of London City is managed by Imperial Pacific Asset Management Pty Limited.