COMPANY NEWS
Victoria Nyanza.—A return to shareholders of not less than 25s a share is expected by the directors of the Victoria Nyanza Sugar Company, Ltd. This estimate is based on the price for tne Kenya properties, plus Australian assets, after making adequate provision for liabilities and contingencies. A contract of sale of the Kenya properties is now being drafted, and a preliminary deposit has been paid. Consent of the Government of the colony is being sought so that the sale can be completed. Queensland Insurance.—The Queensland Insurance Company, Ltd., has declared an interim dividend of 5 per cent, (unchanged). payable June 30,
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Bibliographic details
Press, Volume LXXXIII, Issue 25208, 12 June 1947, Page 8
Word Count
103COMPANY NEWS Press, Volume LXXXIII, Issue 25208, 12 June 1947, Page 8
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