New Capital for Australian Company
WELLINGTON, Sept. 16 The Stock . Exchange has received the following advice from Australian Consolidated Industries Limited: “The Capital Issues Board has given approval to the issue by the company of a further 448,623 ordinary shares of £1 each at a premium of 29s per share. The amount of the premium was fixed by the Capital Issues Board. The new shares will be offered to shareholders, in the proportion of one new share for every 10 ordinary shares held. The offer will be made when the present Commonwealth Loan closes/)
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Bibliographic details
Grey River Argus, 20 September 1948, Page 7
Word Count
94New Capital for Australian Company Grey River Argus, 20 September 1948, Page 7
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