Zenith filled
Zenith Technology Corporation, Ltd, announced that the Company’s public issue has closed fully subscribed. The issue, for $1,410,000, comprising 2,820,000 ordinary shares of 50c each and 1,410,000 free options, was fully underwritten by NZI Bank and Forsyth Barr Underwriters, Ltd. Commenting on the issue, the chairman, Mr T. D. Scott, said, “The prevailing investment climate on the share market impacted on the company’s issue, and recourse has been made to the underwriters.”
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Press, 1 December 1987, Page 50
Word Count
74Zenith filled Press, 1 December 1987, Page 50
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