Australian firm bids 8.9 million for Patersons Ltd
Eustralian Securities Ltd announced an 8.9 million takeover bid for furniture retailer Patersons (Aust) Ltd. Through an associated company East Ralían controls under 10 percent of Patersons. The bid hinges on Paceison not selling 12 properties to Hooker Group for 7 million. Directors to meet. chairman warns shareholders not to use shares.
MENTIONED IN THIS ARTICLE
Eustralian Securities Ltd
Patersons (Aust) Ltd
Eastralian
Patersons
R. EF Strickland
Eustralian
Baradeen Investments
Paterson
Horecloses
Pastralian
Fastralan
Strickland
Nylex and peers post half year profit gains and dividend plans
Nylex Corporation Limited reports a rise in profit to 2 671 748 for the year to December 31 with tax higher at 1 853 639 and depreciation charges of 1 831 300. Interim dividend remains 7 per cent payable March 3 and books close March 16. Directors note Malaysia and South Africa start‑up costs were written off yet trading profit improved in the second half. sales up 39.07 per cent overall. Other firms including J Blackwood and Co and inc esti on Holdings announce steady interim dividends and improved earnings. Brown Gouge Ltd reports a 17 per cent rise in net profit for six months to December 16 despite lower group sales amid Victorian power restrictions. Speedo Holdings Ltd shows a record 48.87 per cent jump in after‑day profits for six months to December 3, 1971.
MENTIONED IN THIS ARTICLE
Nylex Corporation
Terim
April Ltd
Malaysia
South Africa
On Holdings Ltd
Brown Gouge Ltd
Victoran
Speedo Holdings Ltd
Knitting and Clothing Group
Associated Dairies Profit Rises Amid Margin Boost
Associated Dairies Ltd reports a three percent rise in profit for the six months to December 7 following NSW Milk Board margin increases in April last year. Directors warn cost pressures from higher materials since then. Interim dividend remains unchanged at per cent, payable March 28 to shareholders who own shares by March 20.
MENTIONED IN THIS ARTICLE
NSW Milk Board
Associated Dairries Ltd
BHP considers closing the Kwinana blast furnace
Broken Hill Pty Co Ltd may be forced to bank up its single blast furnace at Kwinana Western Australia amid a dim outlook and falling pig iron demand. The plant mainly supplies basic iron to BHP steel plants and export markets while merchant rolling mill operations at Kwinana would stay unaffected. The furnace capacity is 1640 tons daily compared with Port Kembla's 7500 tons.
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Broken Hill Pty Co Ltd
Kwinana
Western Australia
Melbourne
BHP Steel
Sup
Kwimana
Port Kembla
Directors announce unchanged interim dividend and fund raise plans
Directors keep the interim dividend at 6k per cent and set a March 29 date for shareholders with March 10 meeting. Support for fund raising remains strong, and the firm reports a 2B sound liquidity. All bad debts written off with provisions against doubtful debts and potential losses. December earnings on average ordinary capital eased from 28.27% to 28.21% and on tangible assets from 1.93% to 1.77%.
DRC Go-Kart Plans Aimed at Jakarta Race Track
DRC Investment directors outline a plan to spend part of a 1 million dollar loan on a Jakarta track project. An international financier will provide the loan, details announced in Melbourne. Directors Gethart and another substantial shareholder confirmed their positions on the board.
MENTIONED IN THIS ARTICLE
DRC Investment Ee
DRC
Melbourne
Es International
eerpEgere
Mie Gethart
Tet Drc Board
Share Options Month Coll Mina Logo is
The fragment mentions share options and a logo for Mina but lacks clear context or full details. No identifiable people, organizations, dates, or concrete actions are present to form a complete news item.
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Mina
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