Challenge issue "for assets”
Challenge Corporation, Ltd, has made a private issue of 313,222 unsecured convertible notes of 130 c each, bearing interest at 7i per cent, and redeemable by conversion into fully-paid 100 c ordinary shares in the ratio of one share for one note on June 29, 1980. The issue was in consideration for assets acquired by the group.
The company has acquired a minority interest In Campbell Motors Limited, Auckland, the directors of Challenge say in a separate report.
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https://paperspast.natlib.govt.nz/newspapers/CHP19750701.2.216
Bibliographic details
Press, Volume CXV, Issue 33883, 1 July 1975, Page 30
Word Count
82Challenge issue "for assets” Press, Volume CXV, Issue 33883, 1 July 1975, Page 30
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Acknowledgements
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