Br. Pavements Acquisition
(N.Z. Press Association) WELLINGTON. May 3. The shareholders of G. E. Tregenza, Ltd., have accepted an offer from British Pavements. Ltd., to purchase all their shareholding. G. E. Tregenza. Ltd., operates a shingle and carrying buaness in Timaru. The purchase price will be met partly by allotment of ordinary and preference shares, and partly in cash. Bums Philp (8.5.) .—Burns Philp (South Sea) Company. Ltd., lifted its gross earnings from £758.910 to £780.930 (Fijian) in the year to January 31. but higher expenses trimmed net earnings by £16.172 to £148.863. The steady 10 per cent, dividend takes £lOO.OOO.
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Press, Volume C, Issue 29505, 5 May 1961, Page 16
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101Br. Pavements Acquisition Press, Volume C, Issue 29505, 5 May 1961, Page 16
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