P-West acquisition
Prime-West Corporation has acquired off the market and by private treaty 7.76 per cent of the issued capital of Mainstay Properties: The acquisition of the 1,700,324 shares was at an average price of 79c a share. PrimeWest Corporation directors view their holding in Mainstay as a medium to longterm investment situation in a company which has, in their opinion, positioned itself well to take advantage of the unprecedented growth in commercial real estate in Christchurch.
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Bibliographic details
Press, 28 August 1986, Page 27
Word Count
77P-West acquisition Press, 28 August 1986, Page 27
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