Hooker record

Press, 15 February 1986, Page 22

Hooker record

Hooker Corporation, Ltd, earned record net profit of sAust26.lM in tbe six months to December 31, compared with the previous corresponding period. The result is the first since the Melbourne millionaire developer, Mr George Herscu, fained control through a 200 M bid for 44 per cent of Hooker’s issued capital. News shares Those few shareholders of News International who have rejected Mr Rupert Murdoch’s share offers for their stock are reaping the rewards. Shares in the British arm of the Australian-based News Intematinal put on 150 p in one day alone as the drama surrounding the group’s move from Fleet Street to its high-technology Wapping plant unfolded. Shareholderes representing just 12.1 per cent of the special dividend stock refused Murdoch’s 225 p a share offer four years ago. A month ago News International’s quote was around 540 p and it closed earlier this month at 950 p. BNZ A.P. up The Bank of New Zealand has increased its automatic payments fees, for the first time in about 10 years. The BNZ’s New Zealand branch banking chief manager, Mr

Graeme Pentecost, said its transaction fee would rise from 10c to 15c and the automatic payments by cheque would rise from $1 to $2. It was part of the bank’s review of services to put them on a cost and marketrelated basis, he said. The new charges take effect from February 17. NZI extends The NZI Corporation, Ltd, offer of two of its shares plus 10c cash for each Broadlands share has been extended to March 6 from February 13. The offer, through a wholly owned subsidiary, NZI Finance Australia, Pty, Ltd, is conditional on 90 per cent acceptance and Foreign Investment Review Board approval. Hong Kong Impala Pacific shares traded at $HK12.40 and Industrial Equity at $HK36.25 in Hong Kong yesterday.