United Discount Steps Up Capital
Issued capital of United Discount Company of Australia Pty. Ltd. has been increased by 50,000 £1 ordinary shares, which have been taken up by the Colonial Mutual Life. Assurance Society Ltd.
Announcing this in Melbourne yesterday, the chairman of United Discount Company (Mr lan Potter) said that the company was a subsidiary of Australian United Corporation, Ltd.
The other shareholders were a group comprising Lazard Bros, and Company, Ltd. and Morgan Grenfell and Company, Ltd, London merchant banks, and 'Die Anglo-Australian Corporation, Pty. Ltd, of Melbounie.
United Empire Box.—United Empire Box recommended ordinary dividend at 9 per cent, for the year (unchanged); payable August 26. ex div. - August 12.—(P.A.) Dental And Medical.—Dental and Medical Supplies ex dividend date was June 20.—(P.A.)
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19600623.2.162
Bibliographic details
Press, Volume XCIX, Issue 29238, 23 June 1960, Page 19
Word Count
126United Discount Steps Up Capital Press, Volume XCIX, Issue 29238, 23 June 1960, Page 19
Using This Item
Stuff Ltd is the copyright owner for the Press. 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 Christchurch City Libraries.
Log in