IMPERIAL CHEMICAL.
Enormous Growth Of British Concern. j CAPITAL £95.000,000. i British Official Wireless.) EUGBY, April 10. The directors of Imperial Chemical Industrie-, Ltd.. announce a proposal to jinciease the authorised capital of the j c<.n:pany by i2".'">''.o<K} to a total of j AiyO.t'UU.'M.Mi. This increase is to be made I by the creation of 40.000.000 new shares of lo ea-. h. I Par* of the propped new capital will be required to complete the present constructional programme. leaving a balance in re>er\e for future o'ntinjrencies. The reserves now exceed £11,000.000. j In a report to the shareholders, the •directors indicate the immense scope of the company s business. They show that 'the hea\y constructional works contem--1 plated are Rece—ary in view of the , rapidity oi the oi the company, lit now e:r.p]oy« in its offices and works : about people, compared with 40.0w one year a:r>.
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Auckland Star, Volume LX, Issue 85, 11 April 1929, Page 9
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146IMPERIAL CHEMICAL. Auckland Star, Volume LX, Issue 85, 11 April 1929, Page 9
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