PAYMENT BY FACTORS
3s Arrears On Pref. Shares (N.Z. Press Assn.—Copyright) MELBOURNE, Feb. 4. Factors, Ltd., will pay 3s a share arrears dividends on the 6 per cent and 7 per cent preference shares. This was announced by the chairman (Mr S. Korman). Mr Korman said the 3s included the dividend payable up to and for the 2} years to January 31. Books close to determine entitlements on March 3. Mr Korman emphasised that today’s statement was not connected with last week’s warning to shareholders not to sell their shares. At that time Mr Korman said that negotiations ■ were proceeding for the sale of certain of Factors’ assets. He advised shareholders not to sell and to await a further announcement.
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Bibliographic details
Press, Volume CIV, Issue 30667, 5 February 1965, Page 15
Word Count
120PAYMENT BY FACTORS Press, Volume CIV, Issue 30667, 5 February 1965, Page 15
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