NEW BANK FLOTATION.
LONDON AND NEW ZEALAND. PROSPECTUS BEING ISSUED. (By Telegraph—Press Association.) WELLINGTON, Jan. 30. The promotion of the London and New Zealand Bank, which secured a charter from the New Zealand Parliament on October 6 last, will proceed forthwith, and the New Zealand arrangements for the flotation of the hank are well advanced. The prospectus will be issued to the public as soon as negotiations with London now in progress are in order. Mr Giesen, the organiser, leaves Wellington on February 15 for London to complete the business at that end. It is proposed to raise a portion of the necessary capital in England, after which the remainder will be offered in New Zealand. The new hank is in no way connected with a hank which it is *rep6rted is beimr started in Sydney and' has “New Zealand” in its title.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19290131.2.21
Bibliographic details
Hawera Star, Volume XLVIII, 31 January 1929, Page 4
Word Count
143NEW BANK FLOTATION. Hawera Star, Volume XLVIII, 31 January 1929, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Hawera Star. 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.