REDUCING CAPITAL
MOVE BY ELLERMAN LINES LONDON, December 1. A petition confirming the reduction of capital of the Ellerman shipping lines from £5,450,000 to £2,180,000 has been presented to the High Court. The reduction will be effected by returning £6 per share to shareholders, reducing the nominal value of shares from £lO to £4.
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Bibliographic details
Otago Daily Times, Issue 21827, 14 December 1932, Page 7
Word Count
54REDUCING CAPITAL Otago Daily Times, Issue 21827, 14 December 1932, Page 7
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