Takeover Bid Hidden From Mark Foy's Shareholders
Directors of Mark Foy's Ltd Sydney retailer rejected a takeover offer without informing outside shareholders. The article notes a A$140,000 loss previously and a 24 percent rise in the stock as shares reached a record interim dividend. The report contains garbled wording but centers on the bid being kept private and the company’s fluctuating profits and dividends.
MENTIONED IN THIS ARTICLE
Mark Foy’s Ltd
Sydney
Apt
Sccland
Transport takeover and rising earnings reported
A fragmented transcript cites Mayne Nickless and Devonport terminal plans amid a proposed offer to acquire PATL. Interim dividends rise, earnings double, and a joint venture with Dunlop Britain is discussed. Directors note confidential discussions and a steady market rise in share price.
Japan US coal project moves forward
A joint venture between Utah Construction and Mining Co of the United States and Mitsubishi Shoji Kaisha of Japan is shaping a large scale coal development plan in Queensland aimed at exporting to Japan. Mitsubishi confirmed the talks yesterday.
MENTIONED IN THIS ARTICLE
Tokyo
AAP - Reuter
Queensland
Japan
Utah Construction and Mining Company
United States
Mitsubishi Sjoji Kaisha
Mitsubishi
Record profit for Philip Morris Australia Ltd
Philip Morris Australia Ltd, cigarette maker, lifted net profit from 1,254,234 to a record 31,484,039 in the half year to December 31.
MENTIONED IN THIS ARTICLE
Philip Morris
Australia
Ashmore Well and Woodside profits amid market shifts
The report notes Ashmore Well at 10,1L66ft with output figures and a rise to profit as Woodside partners report gains in the Timor Sea. Details describe depreciation provisions for the managing director and a 12 percent baseline, with mention of Burmah Oil, Shell, BP, and Philip Morris expansions. Belvedere filters and new market tests are cited as strategies for steady growth.
MENTIONED IN THIS ARTICLE
Ashmore Reef
Fawke
Woodside
Sistor Inclarell
Ntecie
Lakes Entrance
Oil Co
Burmah Oil
Shell
Philip Mor
Investi
BP Vis
Miurlboro
Alpine
Goloee
Meatworks profits lift eyed as Melbourne Co-op holds dividend
Melbourne Co-op reports steady interim profit for the six months to December 31 with a proposed interim dividend of 5 percent and an unchanged final, hinting at a peak result for 1967 68. Directors expect higher six month sales and profit with costs steady and wages rising. Books close February 16 and the dividend is payable in March.
MENTIONED IN THIS ARTICLE
Tle
Mace
E. Smith Ltd
W. E. Smith Swan Portland Cement results and dividend notice
W E Smith Swan Portland Cement Ltd reports a six month earnings rise to December 31 with interim dividend up to 6 per cent payable February 29. Full year payout increased to 124 per cent, directors cite steady cement sales and solid lime gains. Books close February 16.
MENTIONED IN THIS ARTICLE
Swan Portland Cement Ltd
Massively Dense Melbourne Market Figures in Broad Listing
A sprawling OCR readout shows varied Melbourne market figures and entity codes across stocks, bonds, and commodities. Names like Adel Cement and Aust Motors appear amid lists of prices and percentages, interspersed with numerous company and product codes, quantities, and shorthand indicators.
Canberra's Twin Engine Air Service Offered
This concise description introduces a sophisticated twin engined shorter air era craft seating up to six passengers and cruising at 200 mph. It emphasizes day or night flight in any weather and notes the service originates from Canberra with limited availability.
MENTIONED IN THIS ARTICLE
Canberra
Mineral exports could be worth 1000 million a year
Australia’s export earnings from minerals were forecast to nearly reach 1000 million dollars annually within five to six years, speakers said in London. Keith Harding noted spectacular mining advances, long-term iron ore contracts with Japan, and oil and gas development boosting import replacements. The report highlighted Japan relations and future growth in mineral industry demand and oil production projections into the 1970s.
MENTIONED IN THIS ARTICLE
London
Australia
Royal Society of Arts
Harding
Moonied and
Alton
Queensland
Barrow Island
Western Australia
Commonwealth
Australia December imports total 206.7 million dollars
Total imports into Australia in December last year were valued at 206.7 million dollars. The figure reflects nationwide import activity for the month, highlighting the level of outward trade and economic conditions across sectors.
MENTIONED IN THIS ARTICLE
Australia
Moomba 7 reaches 9647 feet in Delhi Santos test
San tos directors reported the Delhi Santos Moomba No 7 evaluation well reached 9647 feet. During the week a drill stem test from 9350 to 9447 feet flowed at 82000 cu ft per day. Drilling and testing continue. The Delhi Santos Tinga Tingana No 1 was spudded on January 31. The OD E National T-20 rig continues testing on Moombs No 6 field evaluation well.
MENTIONED IN THIS ARTICLE
Santos
OD & E
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