P. AND O. COMPANY.
NO AMALGAMATION IN SIGHT. • By Electric Telegraph.—Copyright LONDON, May 2. The Peninsular and Oriental Company has declared a dividend of 7 per cent, upon deferred stock. Tho directors announce the issuo of 1,160,000 preferred cumulative 5 per cent, shares to holders of preferred and deferred stock, in proportion to their holdings, at 110. The increased capital has no reference to any rumoured amalgamation, which is non-existent. So far as the company is aware, no suggestion for amalgamation had ever been made to the directors, who are working in perfect harmony with their competitors throughout the Far East.
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Bibliographic details
Taranaki Herald, Volume LX, Issue 143781, 3 May 1912, Page 3
Word Count
101P. AND O. COMPANY. Taranaki Herald, Volume LX, Issue 143781, 3 May 1912, Page 3
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