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1:4 rights issue

National Mutual Property Trust has announced a one-for-four renounceable rights issue of fully-paid units to unitholders, and a private placement of four million units, expected to raise about sAust27.4 million. The issue price of the securities will be $1 each. The purpose is to fund the purchase of future property investments and augment the Trust’s cash resources.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19860709.2.148.13

Bibliographic details

Press, 9 July 1986, Page 34

Word Count
60

1:4 rights issue Press, 9 July 1986, Page 34

1:4 rights issue Press, 9 July 1986, Page 34