K.P. share inquiry
PA Dunedin The New Zealand Stock Exchange Association is investigating an allegation that Kempthofne Prosser and Company, Ltd, is refusing to register share transfers. KP is the subject of a takeover bid, expiring on June 30, from the farmer-backed Ravensdown Fertiliser Company. The Stock Exchange investigation concerns an allegation that KP is refusing to transfer shares registered in the name of Ravensdown,
or in the names of persons supposed to be supporting Ravensdown. However, it is understood that KP's articles of association satisfy the stock exchange requirements as they stand at present. But stock exchange policy is that by April 1, 1980. all companies will be in breach of listing requirements if they refuse to register share transfers.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19780622.2.48
Bibliographic details
Press, 22 June 1978, Page 4
Word Count
121K.P. share inquiry Press, 22 June 1978, Page 4
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.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in