SOUTHERN CROSS
Offer Made For Shares
Directors of the Southern Cross Assurance Company Ltd., Melbourne, have issued a warning to shareholders not to sell their shares. They say that talks are being held’ with an overseas life office which wishes to acouire all the issued capital It may be several weeks before negotiations are concluded. directors add.
Airwork (N.Z.) Passes Dividend
Air work (NZ), Ltd. Christchurch aerial topdresser. has passed its ordinary dividend for the year to March 31
Last year's ordinary dividend was li per cent.
Preference dividends of 6 per cent, and 74 per cent are payable on July 6. ex July 2.
Ballins Hotels
Final Div. 4 p.c.
Ba’.lin? Hotels. Ltd., has declared a final dividend of 4 per cent. —making 61 per cent for the year against 6 per cent in 1931 The higher dividend is being paid on increased capital Dividend is payable on July 12. ex July 2.
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Bibliographic details
Press, Volume CI, Issue 29841, 6 June 1962, Page 17
Word Count
154SOUTHERN CROSS Press, Volume CI, Issue 29841, 6 June 1962, Page 17
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