Arahi notice
Arahi Properties, Ltd, has issued a "don’t sell” notice for its ordinary shares and options at the request of the chairman, Mr P. G. Alexander. This action followed the adjournment of an extraordinary meeting on Tuesday. The meeting was called to vote on the dismissal of two directors, but the vote did not take place after the two men sought a court injunction. Base rate cut Westpac Banking Corp is to drop its indicator lending rate to 20.5 per cent from 22 per cent effective from July 20. Housing interest rates would not be affected at this stage, but were under review, the bank said. Westpac is the first trading bank to drop its base lending rate this month. The BNZ’s and the ANZ's base rate is 22 per cent. The National Bank is 21.5 per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19870710.2.94.9
Bibliographic details
Press, 10 July 1987, Page 12
Word Count
139Arahi notice Press, 10 July 1987, Page 12
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