COMPANY AFFAIRS.
SUN NEWSPAPERS, LTD. CAPITAL REDUCTION PLAN. A proposal to reduce the capital of Sun Newspapers, Limited, Ckristchurcb, is to be submitted to the annual meeting of shareholders on May 3. The resolution provides for a reduction of the capital of the company from £300,000, divided into 300;000 shares of £1 each, to. £125,000, divided into 250,000 shares of 10/ each. It is proposed to cancel capital which has bee-i lost or is unrepresented by available assets, to the extent of 10/ a share, upon each of the fully-paid 250,000 shares which have been issued, "to reduce the nominal amount of all shares from £1 to 10/ each and to cancel 50,000 shares which have not been issued.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19330426.2.21.4
Bibliographic details
Auckland Star, Volume LXIV, Issue 96, 26 April 1933, Page 4
Word Count
119COMPANY AFFAIRS. Auckland Star, Volume LXIV, Issue 96, 26 April 1933, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in