COMPANY NEWS
SOUTH ISLAND FINANCE NEW ISSUE
The South Island Finance Corporation, Ltd., Christchurch, is paying interim dividends of 21 per cent, on preference shares and 4 per cent, on ordinary shares. Dividends, which are unchanged from last year, are payable on March 25. The share register will close on the evening of March 15.
The company has decided to increase its capital by the issue of 10,000 ordinary £1 shares, which will be offered to existing shareholders at the ratio of one share for every *.our shares now held. These shares will be issued at par, and for this purpose also, the share register will close on March 15.
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Bibliographic details
Press, Volume XCI, Issue 27603, 9 March 1955, Page 15
Word Count
110COMPANY NEWS Press, Volume XCI, Issue 27603, 9 March 1955, Page 15
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