NEWS IN BRIEF

Press, 27 November 1980, Page 24

NEWS IN BRIEF

A. J. White A. J. White, Ltd, the; Christchurch home fumi-| shers,- has been removed: from the stock exchange lists after the completion of the take-over bv H. W. Smith, Ltd. i

B. obtains d BMI Mining Pty, Ltd, thelt mining subsidiary of BMI, Ltd, has gained' a 51 per f cent interest m the Glouces- .. ter Stroud coal deposit pros-' ipect after the completion of: | feasibility studies, the BMI! s ; chairman (Mr John Patience) ■ f has announced. The other a ' partners are the Avon Coal Syndicate, 36.75 per cent, and the Noranda Australia. a Ltd, 12.25 per cent. Work on q the mine and the prepara--3 tion of an environmental impact study will now com-: mence and, subject to the! f; necessary authorisation, pro- j : duction should begin in' H 1984, he said. i- ’ . i Andas Because many of the elec-! tronic systems marketed bv! both companies can be inter-' (faced for fully automated! r loperation, the Christchurch; ( (branch of Beechey and Un-!<s r : derwood, Ltd, is merging I 3 ■I with its associate company, •Armstrong and Springhail, ty . Ltd, in order to provide a| totally integrated service,!; ; both technically and in|l ■ System Support and Pro- ? gramming. From December 1 j j' both companies will trade I* . from 72 Oxford Terrace * , under the name of Armst-, ~rong and Springhall, Ltd.!. '.Both ■ ■>: companies are! 1! . members of Andas Group, f 1 Ltd. ■. -’i ' k ' . , ' - .fi C. ’ , ■ y t ... VI Canterbury Farmers Cooperative Association, Ltd", ti has allotted 75,000 shares of ct 100 c each as part consid- ft eration for the purchase of an adjoining ' central city ar property leased as licensed • premises and retail stores. These shares jvill rank parri passu in all respects with other ordinary shares-in the company, the chairman (Mr ... R. H. Kerr) said.. .* .... j™ S.X. Hotel Southern Cross, Hotel, 'Ltd, d ' shareholders approved a proposal to increase author- /g< ised capital by 2.4 million ‘ ordinary 100 c shares to S 3 million. Mr K. R. Greens- tr£ lade, the chairman, said that the company is looking to iss widen the base of activities, W but that there is as yet IW nothing definite to announce. Lie Possibilities are still being .All investigated. ' . | Fie