July 14 (Reuters) - N1 Holdings Ltd N1H.AX :
* REVERSED 20% REDUCTION IN REMUNERATION OF NON-EXECUTIVE DIRECTORS
* RETAIL PREMISES AT CHATSWOOD'S N1 CENTRE HAS RE-OPENED AND RESUMED ITS OPERATIONS
* IN DISCUSSIONS WITH MULTIPLE PARTIES TO SOURCE MORE CAPITAL TO FUND ITS SME LENDING BUSINESS
* BACKDATED PAYMENT OF REMUNERATION FOREGONE
* COMPLETED EXPENSES REVIEW AND STREAMLINED OUTSOURCING ARRANGEMENTS WHICH HAVE RESULTED IN REDUCED COSTS AND EXPENSES
* SETTLED DISPUTE WITH PURCHASER FOR CO'S BOOK OF TRAIL COMMISSIONS
* AS PART OF SETTLEMENT, CO HAS FOREGONE REMAINING DEFERRED PAYMENT COMPRISING 15% OF PURCHASE PRICE