A costly exercise
NZPA-AAP Sydney Robert Holmes a Court of Bell Resources may have to pay more than SIM to contact all of BHP’s shareholders before he acquires a single share in his take-over target And that is not including more than HIM the richest man in Australia would need to pay in State Government stamp duty in Victoria should
the 51.98 bid be successful. Under the companies code, Mr Holmes a Court must, notify each individual BHP shareholder of the details of his Bell Resources, Ltd, partial bld for BHP. To acquire the individual names of shareholders, he must obtain the BHP share register which, based on May 31, 1985, figures, contains 186,000fshareholders. "
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Press, 8 February 1986, Page 25
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114A costly exercise Press, 8 February 1986, Page 25
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