Reid Murray Results
(N.Z. Press Association) WELLINGTON. Ort. 22. Reid Murray Acceptance equity trustees advise that if the estimated values shown in the statement of affairs are realised the debenture stockholders could expert to receive about 12s 6d (Aust.) in the £ of the principal of amounts owing to them, less the costs of realisation and administration. In addition, and on the assumption that the holding company will pay approximately 5s in the £ to the unsecured creditors, the debenture stock holders in series 1. 2,4, 5,6, 7,8, and 9 should receive under the guarantee a further 2s in the £.
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Bibliographic details
Press, Volume CII, Issue 30269, 23 October 1963, Page 22
Word Count
98Reid Murray Results Press, Volume CII, Issue 30269, 23 October 1963, Page 22
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