Page 9 Advertisements Column 1

Press, Volume CXV, Issue 33963, 2 October 1975, Page 9

CTT} MjM !■ AN IMPORTANT MESSAGE It AUDITORS REPORT ON PROSPECTUS |»| E II H I | TO ALL SAVERS & INVESTORS: J I DATED Ist SEPTEMBER, 1975 w — M SKg As * discerning investoryou may be confused with some rather misleading H W Tne Board of Directors, I BHI advertisements and proposals currently appearing on how best to invest your U iMB’O Klaiii ■ Ml savings. lam therefore writing to you personally to advise the pertinent facts UHt Km on the $1,000,000 debenture stock now available from Atlas Majestic ■Eg Atlas Majestic Industries Limited. ! " — • iTj 8H HI industries Limited. When you purchase this debenture stock your savings are Mu 1. This report is in terms of Section as of the Companies Act 1955- I w Industries Ltd. Bm M wen secured and your earnings most rewarding. The presentation and iM M*| procedures are simple, straightforward and uncomplicated.. 'M M- z 2. The audited accounts of the company and of its subsidiaries for the f.e H ahi... a Bm B M BH years ended 31st March, 1971 to 1975 disclose these results. K ’n 9 adon r™ A A non B B SECURED DEBENTURE STOCK: Secured Debenture Stock is a long BB •’ ■ K-nnrinr t. * ® ox 908 2’, B B established proven method of investing any amount of monev for a period of :B fl I i 971 1972 1973 1974 1975 Auc 9 Mai> N k aXT’ Shares of 50 cents B B regular Interest on same, having your investment protected by ■ fl.. SOOO $OOO $OOO $OOO $OOO fl ■ NewZeiiand JewzSand Issued Capital- IB a priority charge over the borrower’s assets and at the end of the period BVI Profit or (Loss) (608) 66 356 520 530 :■ ’ 3000000 Ordinary S B determined by the lender, receiving the full amount of the original investment ill,' After taking in these credits: M Kj Cable Address. 3,000,000 Ordinary 3 returned in cash. IB Hi Depreciation Recovered. 36 7 84 19 — M PJO"® A™* . Shares of 50 cents !■ ■ returned in casn. ■ H Exceptional & Non-recurring Items. 63 14 - - - ■ SB TRUSTEE: The Trustee for Debenture Holders is the Perpetual Trustees *1 B, Af pxrpntinna?A ’o « p- S B Estate and Agency Company of New Zealand Limited. ||» Exceptional & Non-recurnng Items. ,9 6 - - - M IC 3E .LinemAeluvßeTUßUT, 3 - The activities of the Group have undergone considerable change m tne BB TE !?y «cn?i^?J\rt«^iEMT?c\fAnE d ATM^^rYiT S TnTMF ear:! ’ above five year period and virtually a new Grouo structure was formed r ■ ■ W W VFWWXT "WWW MM and from $lOO to $50,000. INVESTMENT IS MADE AT NO COST TO THE ■ 1973. Therefore, the results of 1971 and 1972 do not reflect the operation i i Ist SEPTEMBER 1975 B LENDER. M M|| of this new structure and are not comparable with the later years. rnnTlir . irrHr „ r BB INTEREST-EARNINGS: THE RATES AS SHOWN ON PAGE ONE, TAKE COG- fl" 4. No dividends were paid on the years 1970 to 1972. In respect of the year K FORTHE ISSUE OF dM Kg NIZANCE OF CURRENT CONDITIONS AND ARE TODAY THE HIGHEST AVAIL- M » ended 31st March, 1973 a dividend of 12%% was paid on the ordinary $1,000,000 IB ■ ABLE TO THE PUBLIC FOR FIRST CLASS SECURED DEBENTURES WITH A K K share capital. eenriecn ncncM-rnnc cmniz at dad wnTUTHE nirwT Th SB PUBLIC COMPANY. '1 1 In November, 1973 a bonus issue of 500,000 fifty cent fully paid ordinary SECURED DEBENTURE STOCK AT PAR WITH RIGHT TO gjK M|| gM gpp; shares was made in the ratio of one new share for every five shares held. ACCEPT OVER-SUBSCRIPTIONS OF A FURTHER $1,000,000 «fl B PROCEDURE: Attached to this Prospectus is a simple subscription form Bfl In respect of 1974. a dividend of 15%’was paid on the increased capital. B E which you fill in and return to: Bl and in respect of 1975 a dividend of 17%% was paid. i INTEREST RATES HI I K » (a) Any member of a Stock Exchange in New Zealand, or Hfl K-& 5. No provision for taxation was necessary in 1972 to 1975 because of past f i U f . .. Um Qi losses, a substantial amount of which Is available to be carried forward i i V (b) The Secretary of Atlas Majestic Industries Limited, Kg. against future assessable income. j j TERM RATE Ji' A receipt and scrip is then issued to you and interest accrues from the date 'J| B' 6 . The assets and liabilities of the company and its subsidiaries at 31st ! ' 3 years and 4 years 12% per year 11 |' y ourchet i u ® l6 received by the company. || K March, 1975 are: ! ; 5 years to 12 years 12%% per year H i REDEMPTION: Unlike some shares you receive ALL your capital back at the 91 C sKdle*es Company 1 2 Bl end of th ® investment P eriod - 91 FIXED ASSETS & INVESTMENTS: $OOO $OOO B Br TUC riOCT emo on AC IMTCDCCT CQnu 411 eminrre -I k' NEGOTIABILITY: A further advantage of investing in A.M.I. debentures is that SB B Land and Buildings (at valuation) 2 696 2 416 THE FIRST $lOO,OO OF INTEREST FROM ALL SOURCES ■ this stock may at any time prior to the redemption date be sold on any of the B B'l Plant & Vehicles (at cost less depreciation) 534 258 . ■ IN EACH YEAR IS TAX FREE. B M Stock Exchanges in New Zealand. An investment in property, a mortgage or B flj «l! ar « Fn at CoBt olna »B ■■ • many oth.r forms of invwtmsnt cannot b, so readily sold. M|» MISSSXan ”” 1 i ‘ MBR You will recognise that the above facts make our debenture a most attractive 'B B i ' K This Prospectus has teen signed by the Directors of Atlas Majestic Industries ■■ secured and high earning source for your savings Few other investments I® ■« !ntannihlee 6,3 |? 7,6 <q B K Limited, viz: Messrs. C. A. Pearson :J. Roy: P. P. Sargent: J. S. Rutherfurd : ■ ■ offer such a high level of secunty, income, flexibility and other benefits as ; .■ ■ 53 53 B HI ’H. Ralph. . aE you will receive from this issue. ■■ - nd at Baß k 7 7 B Bl L h ® n B,‘ r ®S t ° r n BB My co-directors join with me in recommending your participation in this I H B I Trade and Sundry Debtors 2.278 1,468 B B «r«haii h n®«t ndn^ y tn h tho P datf nT«urh Ut fl B * debenture stock. Should you require any further information, please do not B 811 Net Hire Purchase Debtors 1 1 B alteration shall not apply to allotments made prior to the date of such 4■ . hesit at 9 to contact me direct. BM Trading Stock 1.962 380 B| decision. pH ® A copy of this Prospectus, duly signed and having attached thereto copies of <sinr«reiv IBB*' Tntai io 663 9 517 B i; the documents which are required by Section 51 ofthe Companies Act 1955 5 J? kfl KJ Total Assets. 10 - 663 91517 M to be so attached being those specified on Page 2of this Prospectus, was BS // ll I/z> . El ■I delivered to the District Registrar of Companies at Auckland on the Ist day of g| ■! U> O/'V>VA / yk A j , gQ Qi! cprnnsn i lann rriM. H September 1975. The statement required by Section 50 of the Companies Act ||l K B■ | SECURED LIABILITIES. ■ I . 1955 is set out on Pages 5& 6 herein. M B Charles A. Pearson IM Ba Mortgages & Debentures 2,560 2,345 L 9 U The Auckland Stock Exchange has authorised members of Stock Exchanges ■■ chairman iB I 0 Loans due forßepayment within 12 months 243 243 W : affiliated to the Stock Exchange Association of New Zealand to act in this BBH Atlas Majestic Industries Limited.') ” U * ’ f Rfl' S Bank Overdrafts 585 Bl B H 11 E dNSECURED LABILITIES: i fl fl B flB Trade Creditors, Accruals & Provisions 1,868 1,168 M I I|| «■ ■■ Provision for Dividend. 147 147 U B SI Bi TOTAL LIABILITIES: 5,403 ' 4,170 B I'j ll E H ■ NET ASSETS: 5,260 5,347 F |W| II |W| I ( . ™ confribnlnrs to Ratter living PAGEI. M B L*“LJ Contributors to Better LMng PAGE 3 IB L«!lJ Contributors to Better Living PAGES ! DETAILS AND CONDITIONS OF THE BB ATLAS MAJESTIC INDUSTRIES I B net assets: (in iho US «>d.o ( <| O ii K .) sow sooop I Rcpresßnted byz ISSUE AND STATUTORY INFORMATION. | ■ LIMITED |B -, Minority Interest (25) ■■ ■|| ||H ■g! Issued and Paid Up Capital 1,465' 1,465 gH H PURPOSE OF THE ISSUE: This issue is of $1,000,000 of Secured Debenture MB I have been asked W review fhe company’s recent progress and believe this . *fl fl ' S®P’ t ® IR^ s ® r * r e ® I'lio B K Stock (with the right to accept over-subscriptions of a further $1,000,000) in ft 1 can best be illustrated by reprinting some observations which have appeared ||l Revenue Heserves M i i multiples of $l.OO each at par. The minimum subscription is $lOO.OO. H■! in the Press during the last fifteen months. In my opinion these comments are „ T? 47 V B M The purpose of the issue is to provide further funds for the development of g|!■ factual and correctly trace the company’s progress in recent times. Il|. _2__ tfl ; HALF-YEARLY INTEREST: Interest will commence Tram the date ol receipt of IB m 'i ■ Stock to ba Issued In form, of thia Fro,pectus based upon the figuresln ■ ■ °""’" as ’ ■ E all net tangible a»et cover for each SlOO of Dabantura Stock ■ B maturity AND d RFiN e Rofnro mattiriw win h« wiv.n ♦« IB BE household appliances should lead to increased sales here and in Australia. ’ 1 H >55354.0 . .... IB ■ j'l I The Australian company le buying SO per cent of Atlee Appllenoes Limited. ■l■ Auekl , nd . Naw Zeeland, B Chartered iaXtS I ) the opportunity to reinvest in any of the issues then available. S MAY 21st, 1973: Atlas Majestic hae purchased the most modern poultry ||l Hi August, 1975. C.M.L. Buildings, Queen St, Kt WITHDRAWAL BEFORE MATURITY: Debenture Stock may be withdrawn SR MP processing plant in the country. The move into poultry comes midway IH Auckland before its due repayment date in either of the following circumstances: mHi through an extensively researched 10 year programme of diversification U H | (a) Deceased Estates: On the death of a sole stockholder, by three months’ H i which has produced a major expansion for Atlas Majestic Industries. IM Hi! duties’ nOt exc ® edin9 0,000 * ace va,u ®’ to meet deatil H| JUNE 18th, 1973:'Atlas Majestic Industries Llmited has fully justified our long |fl Messrs Barr, Burgess & Stewart are auditors of Atlas Majestic Industries (b) Superannuation Funds: Trustees of Superannuation, provident or other IB HI held optimistic view reporting a subject to audit profit figure Of $356,000 for ' ■ ' Limited and have given, arid have not before delivery of a copy of this i such funds will upon giving three months'notice MHI the latest March year and bettering an anticipation of a 10% tax free dividend p v Prospectus for registration, withdrawn their written consent to the issue of ■ ' be permitted to withdraw during any one calendar UIK by adding a 272% bonus. !■ HI this Prospectus with a copy of their report included therein uvthe/° r mand i vpar no to to opr csnt of ttis Stock thsn hpld nit . .. context in which it is inducted. It is not intencted that any mambsr of Barr, SECURITY: The security fo/thJ'stock fc I 1 Sul H I » SS & Stewart b ® an ° ffiCer ° f ■ Land and floating charges over the remaining assets and undertaking of the 8 3 IB B 3 holding company of the company or any subsidiary of the company s holdi g JU ■ company and the charging subsidiaries but are subject to prior mortgages 88l °®P a rtu r e f rom the former base as solely a manufacturer and retailer of home company. j i over Freehold Land up to 10% of Total Tangible Assets and to Bankers ||| I K pp s. . jM ■ Securities ranking in priority to the Stock for an amount not exceeding 15% 'S mH This realisation should be prompted by a further improvement expected in Bm Bli M MMiMBMiBMBM BB BB MH Mi BM iH Hb of Total Tangible Assets. the results to March 31st. L_i LJ l_j L_i UJ l._ ,__i The Stock is issued pursuant to the Trust Deed dated the 19th day of »M I December 1973, made between the Company, Atlas Majestic Industries 11 S AuGuST 11th, 1973;,This waek accounts from Attas Majestic Industries HR pu I im/pi paqp OFP —ATTACH brokers STAMP ! H Limited of the first part, the charging subsidiaries therein named (as | H Limited could be taken as one of the final chapters in a remarkable company B M : a Zueoi ie awn ondT Tn AnnoPdd rfi nw AGM b s I guarantors) of the second part and The Perpetual Trustees Estate and Agency ■ W salvage operation which has seen a debt-ridden company teetering on the I? HS UHtQUt ANU iu auumcoo deluvv. J Company of New Zealand Limited (as Trustee for the debenture holders) of II ■ brink of receivership transformed into a flourishing new enterprise. |M EAD Mf.thor’th/ronavmnnt nf tho nohentiiro qtnrU nArfho mnavmonf HI IB OCTOBER 10th, 1973: Directors of Atlas Majestic Industries gave further ' SUBSCRIPTION FORM FOR I : H e guarantoed P b a y y ih’ n Truslee io e r b the'de e ben?ure n holder3l e P a^ment nter ’ St ■■ c°n<id.nc.ln.b.Cump.n)'. continue n&biKMon b, I SECURED DEBENTURE STOCK fl| ! STOCK EXCHANGE LISTING: All requirements to date of the Stock Exchange Bfl fl!| ° 8 for five bonus issue. .IN ATLAS MAJESTIC i Association of New Zealand have been complied with. Application has been M Mg| OCTOBER 23rd, 1973: Atlas Majestic Industries continues to add to support BHI iMAItCTDICC I TP) - ■ made for permission to quote the stock on the official list, but there is no 1 of our long held optimistic view recently confirmed by way of a five fold profit » INUUO I HIB9 h I guarantee that permission will be given and the Stock Exchange accepts no fl I■ 3 improvement in the latest March year, the latest mid-term report showing . B ; responsibility for any statement in this Prospectus. g | M|i profits running more than 220% ahead of last year. The move into colour |tM —.l * BROKERAGE: No brokerage is payable by the investor. Brokerage at 1% for 3 |H BS television manufacture, poultry production and the merger with Malleys MB mB lapolvfors of secured debenture stock ter a term ofyears N| years and thereafter I’/a%, will be paid by the Company to members of HHS Limited of Australia must provide more for the future. IjM ” ! |l OCTOBER 2Sth, 1973: Th. countiY’s largest retailer, FarmarsTradlng llt and .nclo» my cheque ter Sbeing payment Ih ML M braKr.g.(Shmis,lon)p.%lh the last two yearn amounted to SM7S. MR SStBSSS I It MR/MRSMSS | ' STATUTORY INFORMATION: ■■ institutions in a colour television rental venture m wmcn tne puoiic will be WMv Full Christian Names Surname 1. There are no founders or deferred shares. 1H M 2 .&/o inte est. • ' 2. There are no options to subscribe for shares or debentures of the fM H| OCTOBER 25th, 1973: in-a move which may be widely imitated, Atlas Majestic jjjH —” ADDRESS: i company. |H flfl industries Limited is offering debenture investors what amounts to free H i j 3. No amount or benefit has for two years preceding the date of-this UMH insurance against increases in interest rates for such paper during the next Bm ■■■ — Prospectus been or is intended to be paid or given to any promoter of U nineyears. SR HI th® company e I ; 4. On the 26th day of November, 1973,500,000 Ordinary Shares of 50 cents ■Bi JUNE sth, 1974: Atlas profit rises 46 per cent. each were issued as W paid up, otherwise than in cash, by way of || I E JUNE 4th, 1974: Atlas Majestic lifts dividend to 15%. B 5“ OCCUPATION:... < bonus issued so that the Company s issued and paid up capital was gM Mr Pm raised from $1,250,000 to $1,500,000. Ha JUNE 10th, 1974: Atlas Majestic Industries Limited has fully justified our long ||M M®s SIGNATURE:DATE:.. TELEPHONE: HI 5. Material Contracts (Lodged with the Companies Office on 19.12.1973.) IM IS held optimistic view with its 15% payout. Sm MK BM I 15. 9.73 With Bell Radio-Television Holdings Limited for formation of g| ■ (-3 nrrnftßeowh iota. m.iriih. , KB IMPORTANT: Hi rrtncniiriatpd Fiprtrnnir induqtrifis Limited SMB Mil OCTOBeR 25tn, 1974: Atlas succeeds in Bia Tor 49% Mainline. ' 510 73 With Slater Walker New Zealand Limited and Securitibank BH| JUNE 20th 1975: Atlas up by 5.8% despite writing off $501,575 relating to all I BBH We can only accept funds If accompanied by this f..’m, so please complete L ' j Limited for formation of Transvision Holdings Limited. | IS development expenses and initial trading losses of the Group s poultry ■ the above, tear off across the dotted line, attach your crossed cheque made M ! W.12.73 TruitDeeS ■■ ventures. Lifts total d lVl dend to 17%%. BR payable>to “Atlas Majestic industries Limited'; and post to: B charging subsidiaries therein named (as guarantors) of the B H|| Sincerely, M?s (1) Any member of a Stock Exchange in New Zealand. ; K Second Part and The Perpetual Trustees Estate & Agency fc s| 7 HI or (2) The Secretary, ! Company of N2I Limited as Trustee for the Debenture B K /A KB £ Atlas Majestic Industries Limited. Phone: 540-119 Auckiand. : Stockholders;of tteThird Part. B ■ f} /I 0 P.O. 80x9580, Newmarket, Auckland. Telegram: ATMA Auckland. ■ B* '' IB C. A. Pearson. IH BB -t BB Chairman, — UH ! ■ I W . - - ■ ■ PAGE 2 **” Contributors to Better Living |i |IH PAGE 4 I. Contributors to Better Living ||M US PAGE 6 *«i Contributors to Better Living IB WBHBBHBHHHBHHBBV W