Strathmore date
PA Auckland Strathmore Group says it will have about SIOM in the bank and no debt after final settlement on the disposal of its bloodstock assets next week. Final settlement is due on September 30. A director, Dr Ray Thomson, said the restructured board of directors had not yet had time to consider any purchases. The board now has four members, three of whom are
associated with Omnicorp Investments, Strathmore’s major shareholder. Mr lan Roberts, an Omnicorp appointee. Is chairman and managing director. Mr John Phipps, chief executive (NZ) for Ompicorp, is a director, along with Dr Thomson. The fourth board member is Mr Bryan Robinson of Durafort Investments. Mr Angus Fraser, a director until recently, was dismissed from Strathmore on Wednesday.
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Bibliographic details
Press, 25 September 1987, Page 12
Word Count
124Strathmore date Press, 25 September 1987, Page 12
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