S.F.M. plans 1:2 bonus
A doubling of capital and a bonus issue of shares will be recommended to shareholders of the Southland Frozen Meat and Produce Export Company, Ltd. The directors will propose that authorised capital be increased from $lO million to $2O million and that a one-for-two bonus issue be made, exbonus November 14. There was no suggestion that the rate of last year’s dividend would apply to the increased capital. Mr J. C. Scandrett, who retires as general manager of the company from November 30. has been appointed to the board of directors as from December 1. Mr H. D. Irving will retire from the board.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19741003.2.135
Bibliographic details
Press, Volume CXIV, Issue 33655, 3 October 1974, Page 17
Word Count
108S.F.M. plans 1:2 bonus Press, Volume CXIV, Issue 33655, 3 October 1974, Page 17
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in