Manthel plans changes
Manthel Holdings, Ltd, has called a special general of September 2 to consider the firms increasing nominal capital from slm to s2m by creating one million shares of 100 c each. There is no present intention to issue shares, the directors say. They also propose altering the articles to allow distributions from share premium account, subject to the consent of the Supreme Court, and to allow them to issue convertible notes. Rates unchanged Negotiable Securities, Ltd, the finance company in the Torino Group, Australian Fiat agents, do not plan any change in the rates offered hi the debenture prospectus issued immediately after the budget. Negotiable’s top rate is 12.75 per cent for five year stock.
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Press, Volume CXV, Issue 33917, 9 August 1975, Page 18
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118Manthel plans changes Press, Volume CXV, Issue 33917, 9 August 1975, Page 18
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