Shares sold to Alex Harvey
The Export-Import Corporation has sold its 51 per cent shareholding irt the New Zealand Overseas Trading Corporation. Ltd. to Alex Harvev Industries, Ltd, reports the Press Association. The sale gives Alex Harvey a controlling interest in the Overseas Trading Corporation.
The Overseas Trading Corporation was established in 1970. When the Export-1 Import Corporation was] formed in 1974 one of its first acts was to purchase a majority shareholding in the I Overseas Trading Corporation to avoid duplication of (marketing efforts and to enable the Export-Import Corporation to concentrate on (developing markets in areas inot serviced by the Overseas {Trading Corporation Alex {Harvev Industries will be {appointing directors to the corporation.
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Press, 4 October 1977, Page 46
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115Shares sold to Alex Harvey Press, 4 October 1977, Page 46
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