SUCCESSFUL FLOTATION
NEVIS DIESEL ELECTRIC DREDGING COMPANY, LTD. (Gone to Allotment).
In accordance with anticipations the above Company has had immediate response from the investing public after the issue of its prospectus. In a period of two weeks a minimum of 560,000 shares have been applied for in cash (representing £28,000), and when it is taken into account that the undertaking is not “loaded” with any promoters’ or gift shares of any description, the figures speak for themselves. Sixty thousand shares have also been reserved in Sydney for cash, so that the remainder open for subscription can last, at the most, only a few days. Prospectuses may be obtained from: The Organising Brokers, Provident Investments Ltd., Sharebrokers, Box 114, Timaru; telegrams, “Giltshare,” Timaru; telephone 441; or any member of the New Zealand Stock Exchange.—l.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THD19330624.2.141
Bibliographic details
Timaru Herald, Volume CXXXVII, Issue 19523, 24 June 1933, Page 18
Word Count
134SUCCESSFUL FLOTATION Timaru Herald, Volume CXXXVII, Issue 19523, 24 June 1933, Page 18
Using This Item
Stuff Ltd is the copyright owner for the Timaru Herald. 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.