Two new floats closed
Two new company floats, - Genestock New Zealand, , Ltd, and General Properties Consolidated, Ltd, had , been substantially over- ) subscribed, it was announced yesterday. ■ The directors of Genestock said that the issue had i been heavily oversubscribed ; and that shares had been j alloted with the intention of ; achieving the widest pos- s sible spread of shareholders. « Applicants would receive ! notification about the end of ( next week, they said. | Genestock has been j formed to develop and market, the results of new tech- • nology in agricultural s science, particularly genetic ’ technology applying to live- J, stock. : aThe directors of General S Properties Consolidated also , announced that its float had been substantially oversubscribed and that they .f were proceeding with allot- ; ment ;
General Properties has been formed to acquire the portfolio of commercial properties owned by General Finance and the company director, Mr Bob Gunn.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19830924.2.121.23
Bibliographic details
Press, 24 September 1983, Page 22
Word Count
146Two new floats closed Press, 24 September 1983, Page 22
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.