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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jun 24, 1972
Page
14
Peko EZ and EZ Industries Ltd outline a $40 million uranium deal involving ore shipments to be delivered from multiple sites. The plan cites tender rounds in Kyushu and China with Japanese interests and Torchin brokers arranging supply, targets tonnage and yearly output.
Melbourne notes report Hamersley Holdings to raise about 27 million with a one for one share rights issue. Chairman Mr Madigan said the rights offer would be on a 1 for 1 basis and likely paid in full by July. Dividends for the year expected to be reduced, with future payments contingent on shipments and market conditions.
Australia May building approvals jumped about 10 percent to just under 100 million, with strong gains in both houses and flats up 42.1 million to 1627 million and in other holdings rising 424 million to 1454 million. Seasonally adjusted data show a 9 percent three month rise through February, according to the statistics bureau.
Fragmentary report notes Talea Exploration 2a Co arranged an issue at one mill and funds for shares. References to Peter Haims and a program are unclear. No concrete dates or outcomes are readable in the text.
RW Miller directors unanimously rejected Ampol's takeover bid citing the price as too low and expressing commitment to fully advise shareholders on next steps. Howard Smith and A N Taylor signaled further information and potential alternative terms to come.
Fragment describes London sources on exchange controls and Australian relations with Britain. It mentions government positions and a future proposal, with references to a quoted source and industry names, though text is partially garbled.
Rocla Industries Ltd edges toward overseas expansion as an intended UK move signals a strategic shift. Aboard by the International division manager, the board discussed factors shaping a potential takeover while pursuing growth in concrete pipe production through its subsidiary in Melbourne. The environment hints at rising corporate maneuvering and cross border influence.
Two major sugar companies Gibwon and Howes Lil Pioneer Sugar Mills Ltd announced bonus shares to shareholders after stronger industry profits. Simon and Howes Ltd Bundaberg Gin Gin and Honetortour Mills expect dividend increases from 15 to 16 percent on higher capital.
Mr Hughes Jones, sole Woodside director opposing the merger with Burmah, criticizes perceived foreign ownership of Australia’s assets. He accuses the North-West Shelf deal of looting and urges that future decisions be kept with Federal and Western Australian governments, despite discussions on Woodside Burmah Oil NL.
Readable fragments describe a Canberra area event or notice with mentions of people named Ernie and Pegexes and references to regions and streets. Text appears from an OCR scan with garbled words and missing context.
A garbled OCR passage mentions Mrs Scheie of Narra, names like Gregory and Rowe Min Nie, and references to a May 3 date with surrounding people and places in New South Wales. The text reads like a local notice list with assorted names and events, but details are unclear.
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