$16M for Norgold stake
Rada Corp and N 4. Forest Products have each made an SNZB million profit from the sale of their jointly owned stake in Australian goldminer, Norgold. The 13.25 M share have been sold to Australian institutions at sAusti.3s per share, Rada said yesterday. Norgold was floated earlier this year and is a subsidiary of North Broken HUI Holdings, Ltd. which owns 63 per cent . Rada and NZFP jointly own just under 15 per cent of North Broken Hill-
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19871009.2.115
Bibliographic details
Press, 9 October 1987, Page 14
Word Count
82$16M for Norgold stake Press, 9 October 1987, Page 14
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.