Company News BURNS PHILP ISSUE
New Buildings In Suva
Burns, Philp (South Sea) Company, Ltd., is making the new share jssue to finance new buildings involving development of freehold properties in Suva, directors state in the annual report. Structures at various centres will also be improved, while additions will be made to the fleet of small ships, they state. The company is offering 250,000 £1 Fijian ordinary shares at par in the ratio of one to three held Profit for the year ended January 31 rose £9659 to Fijian £136,509. The profit is equal to an earning rate of 18.2 per cent, on present capital. Ordinary dividend is 10 per cent, for the eighth successive year. It requires £75,000. Reserve gains £50,000, making it £525,000.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19570503.2.162
Bibliographic details
Ngā taipitopito pukapuka
Press, Volume XCV, Issue 28267, 3 May 1957, Page 13
Word count
Tapeke kupu
125Company News BURNS PHILP ISSUE Press, Volume XCV, Issue 28267, 3 May 1957, Page 13
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in