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Superannuation Investments <N.Z Press Assn—Copyright) SYDNEY, September 1. The New South Wales Superannuation Board had more than two million dollars of its funds invested in five companies which had gone into receivership, the State Minister of Justice (Mr J. Maddison) told Parliament. The board had written off the book value of 244,000 dollars worth of shares in two of the companies and an additional 500,000 dollars in debenture stock in one of the companies appeared to have been lost, he said. The companies involved are: Stanhill (Consolidated). A. J. Benjamin, Ltd., Neon Signs (Australasia), Ltd.. Ralph Symonds, Ltd., H. G. Palmer (Consolidated), Ltd.
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Bibliographic details
Press, Volume CVI, Issue 31154, 2 September 1966, Page 11
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105WRITTEN OFF Press, Volume CVI, Issue 31154, 2 September 1966, Page 11
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