New provisions tighten directors duties under act
The act introduces tighter director responsibilities and strengthens investigation powers. An inspector and trustee framework will probe company books and debenture ownership, with the Attorney General supervising to ensure lawful borrowing and disclosure.
MENTIONED IN THIS ARTICLE
Ruth
Amicrala
Meinylo
Horrow Ng
Secon Hermon Meidinenta
Lohagee
Kirhensi Buffaiy
Auarney Creneral
CAIL PLANS ONE FOR ONE BONUS ISSUE
Coal and Allied Industries Ltd, Newcastle colliery owner, proposes a one for one bonus issue of 50c shares. Directors say steps to consolidate 30 shares into units of 10c real value and convert units back to shares remain under consideration subject to regulatory approval. The plan aims to maintain value and align capital structure with market conditions.
MENTIONED IN THIS ARTICLE
Coal and Allied Industries Ltd
Newcastle
Soc
Indices Rever Mi Zo Ee Aee Hy Eee
A compact record notes phonetic sequence and unclear title from an OCR fragment. The entry lists fragmented words resembling a spelling or indexing exercise with no clear event, date, or named entities to anchor a broader news item.
CIM Shareholders Demand Action On Monier North West Cape Dig
Shareholders of Con CIM Shareholders Want Action (Monier) Ltd number 3,690 replies critical of the American government and the executive director of the Australian Shareholders Association says action has been sought from both the United States and Australian governments. The notes show concerns over dividends, tax matters, and withheld investment funds amid contract performance and depreciation issues. investigations and potential governance questions are implied.
MENTIONED IN THIS ARTICLE
Ridley
Eles
Torarrow
ASA
Mme Veal Artie
Australia
United States
Lively copper bidding lifts Australian market index
Copper shares lead gains as Australian copper price jumps from 870 to 1252 per ton. Baden Australia’s Mi Isa opens at 490, moves to 474, recovers to 490. Broken Hill South rises to 282 after earlier 288 dip. Other miners like NZANZ, Coal and Allied, Burns Philp, Carlton, and Navel National Consolidated show solid gains amid broad market strength. second room trades steady with modest moves.
MENTIONED IN THIS ARTICLE
Australie
Mi Isa
Urmover
Broken Hill
P ‘Welling
Ravens
Sthorpe
Wales
Icianz
Hardie
Navel
Yonal Consolidated
Rothmank
Tole
Steamit Ge Tofsini Markelander
Portland
Sirs
McPherson
MacRoberts
Mayne Nickles
H. Allen
Ronville
Canilemnaine Perkine
Commerc Figiering
Cuming
Barth
Folks
Ennign
J. Grey
McDonald
Tegan
Sehio Neld
Elriied Mohdines
Victoria
Tosurance
Emule
Winna
Malia
Band
Potervie
Pamir
Bank
Adunde
Ieee
Sas
Pete Ea
Millan
Sefate Therao
Tomlin
Pherhe Ea
Victoria Co-ops to Receive 36.5 Million Aid Package
The Late Government will allocate 46.5 million to cooperative housing societies in Victoria. Acting Premier Me Rylah announced that about 60 societies in covetry areas will benefit from loans to fund free mortgages for over a thousand new homes across four years. Funding comes from the Commonwealth housing allocation under a new five year agreement. The program aims to expand affordable housing and shift 30 percent of communal housing to new ownership models.
MENTIONED IN THIS ARTICLE
Me Rylah
Commonwealth
Vicorig
Ave Yaar
Phillip Morris reports sharp rise in annual net profit
Phillip Morris cigarettes maker says net profit for the year jumped by 387,779 to 2,017,56 in the latest year, as directors announced a final dividend following the higher earnings. The prior year stood at 1,429,?29, reflecting a strong improvement in profits.
MENTIONED IN THIS ARTICLE
Zewapuny
Sohiculors
Intelolets Atu Benegal Ectimg
Nile
Phillip Morris
Amiraiia
Vune
Sydney trade brisk and copper prices boost Australian market
A brisk Sydney trading day pushed Australian copper prices higher as the Copper Producers Association of Australia influenced local exchange levels. Turnover reached 25,000 pounds, with notable gains in Mount Lyell and MRL, while several miners and fabricators showed mixed activity and speculation influenced share moves across the board.
MENTIONED IN THIS ARTICLE
Sydney
Ingmung Hock
Asseron
Australia
Mi Tea
ITT Int
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