Wormald rights
Wormaid International, a Sydney-based fire protection and security group, has revised the terms of the rights issue of the 41M shares it holds in itself to three-for--11 from the one-for-four ratio announced in August. The price of the issue to nonWormald shareholders remains at sAustl.soc for each 100 c fully paid ordinary share. The revision comes after talks with the National Companies and Securities Commission, the Australian Stock Exchange, and Potter Partners Underwriting.
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Bibliographic details
Press, 14 September 1988, Page 45
Word Count
75Wormald rights Press, 14 September 1988, Page 45
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