LAMPHOUSE PROPS.
Share Issue At Par (N.Z. Press Association) AUCKLAND, May 29. A dividend of 6 per cent for the first full year of operation is forecast by Lamphouse Properties, Ltd., Wellington, in the prospectus for a £lOO,OOO public share issue. Lamphouse Properties is offering 400,000 ordinary shares of 5s each at par for public subscription. The issue will open on June 8 and close not later than August 31. The directors retain the right to issue further shares up to the authorised capital of £750,000 should the issue be oversubscribed. Present paid capital is £lO,OOO. Official stock exchange listing will be sought for the shares which will rank for dividend from date of allotment.
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Bibliographic details
Press, Volume CIII, Issue 30454, 30 May 1964, Page 16
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115LAMPHOUSE PROPS. Press, Volume CIII, Issue 30454, 30 May 1964, Page 16
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