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INVEST IN MOKE CREEK COPPER IN NEW ZEALAND FOR NEW ZEALAND NEW ZEALAND MINERAL DEVELOPMENTS LTD. has been incorporated with the intention of developing and exploiting the Moke Creek Copper deposits. SHARES NOW OFFERED FOR PUBLIC SUBSCRIPTION—--148,000 Ordinary Shares of 5/- each-£37,000. MINIMUM APPLICATION: Applications must be for a minimum of 100 shares in multiples of 100. All subscriptions are deductible for tax purposes up to one third of the amount paid. Fill in this coupon NOW for a copy of the Prospectus. M The Secretary, NEW ZEALAND MINERAL DEVELOPMENTS LTD, P.O. Box 448, Christchurch, 1. H Please send me a copy of your Prospectus. NAME , , , , ADDRESS ■ Please use block letters. This advertisement does not purport to be a prospectus.

INTEREST RATES UP TO /^3 O/ A further opportunity to investathigh ■ ■ A / interest rates in one of New Zealand's /fi most successful industrial groups ■ /" FLETCHER HOLDINGS LIMITED The Fletcher Organisation is one of New Zealand's leading industrial groups with activities embracing a wide and active economic field. YM Its interests include Construction, Engineering, Steel, Timber, ■■■■ HR Manufacturing, Merchandising of Builders’ Supplies, Land and ■ Property Development, and Investment in other major industries. The Group plays a vital role in the continuing growth and prosperity of New Zealand. This investment offers first class security with a high rate of interest. Fletchers are widely acclaimed as one of the ■a* ? most successful in fixed interest borrowing. RATES OF INTEREST 6 years 6%% per annum 10 years 6%% per annum 15 years 6%% per annum 20 years 6%% p.a. • £99% INTEREST COVER Group earnings available for payment of interest for year ended April 1965 would cover interest on debenture stock, Including this issue, not less than 4.73 times. ASSET BACKING The book value of assets charged under the Deed will be approximately £2B million giving an asset backing of not less than £3BB for each £lOO of debenture stock. mMMmI INDEPENDENT TRUSTEE The Guardian Trust and Executors Companyof New Zealand Limited. CASH AVAILABLE FOR DEATH DUTIES The Trust Deed provides for early repayment for Death Duties. HIK STOCK EXCHANGE LISTING Sound investments of this type are M normally listed on the Stock Exchange so that an investor may sell msgsM his debentures before maturity. Application has been made to the T Stock Exchange Association of New Zealand for the listing of this —J , Investments must be in multiples of £5O with a minimum of £5O in any one ~ . ALL COSTS OF APPLICATIONS INCLUDING BROKERAGE AND INLAND EXCHANGE WILL BE BORNE BY THE COMPANY Prospectus and application forms are available from: (a) Any of the offices of the Fletcher Group of Companies, (b) Any member of the Stock Exchange, (c) Any branch of a trading bank, (d) The Underwriters, Daysh. Renouf & Co., P.O. Box 3648, Wellington. (e) Or fill in and mail the following coupon... I | . ______ I POST THIS COUPON TO: ■ ■ FLETCHER HOLDINGS LIMITED, ! I . . PRIVATE BAG, AUCKLAND ■ J ■ Please send me Prospectus of the Registered Deben- I I ture Stock issue. I |'l am interested in investing £ .—> I for._years ■ ® Name: I ! Address: I wltHI i ■ Wl I This advertisement Is not and does not purport to baa pmptdtn. J UNDERWRITERS. DAYSH. RENOUF AND CO.. MEMBERS OF THE WELLINGTON STOCK EXCHANGE

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19660614.2.220.2

Bibliographic details

Press, Volume CVI, Issue 31085, 14 June 1966, Page 21

Word Count
536

Page 21 Advertisements Column 2 Press, Volume CVI, Issue 31085, 14 June 1966, Page 21

Page 21 Advertisements Column 2 Press, Volume CVI, Issue 31085, 14 June 1966, Page 21