Jennings plans industry expansion and acquisitions
Jennings outlines a $40 million plan to expand manufacturing activities over two years, aiming to boost revenue to $549 million this year. The move includes acquiring a pottery group and leveraging Gaal Brothers Pottery as a capital base, with Bill Browning noting revamping in Sensings' manufacturing division.
MENTIONED IN THIS ARTICLE
Aanninge
Reta
Planni
Jennings Amie 0
Jeanine
Eau
Pacufacturing
F France
Digpe Jn
Ancrd
Jennings
Gaal Brothers Pottery Group
Eal
Metouroe'e
Ornaterick
Sensings
Bill Browning
Yeuérday
Geel
Bunting
Millaquin to make 1 1 bonus at annual meeting
The Millaquin sugar company plans a 1 to 1 bonus following announcements that veteran chairman Sir Douglas Forbes At have influence over the firm. Directors named Hart as chair as shares hovered near 4 70 dollars amid takeover speculation and strong profits from the year to June 30 1972. Is noted for its large investments and solid position in the sugar industry.
MENTIONED IN THIS ARTICLE
Douglas Forbes
Douglas
Salant
Hart
Millaquin
Voting on ADC move ratified by shareholders
Shareholders of Australia Development Corporation Holdings Ltd ratified an agreement to acquire 49 percent of the issued share capital of Australian Development Corporation Ltd from Sydney Consolidated (Aus) Pry Ltd. Mr Sid Fischer, chairman of ADC Holdings, chaired the vote with family ties to Sydney Consolidated noted. Voting was in deference to the stock exchange rules.
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Shareholders
of Australia Ag Development Corporation (Holdings) Ltd
Austalian Development Corporation Ltd
Sydney Consolidated
Aus) Pry Ltd
Sid Fischer
ADC Holdings
Sydney
Symes
Homebush sales yield varied sheep and lamb prices
In Sydney Homebush sales totals show 3,492 fair to good quality sheep and 2,013 lambs and weltering hoggets sold. Prices ranged with light ewes and wethers per head, with grown sheep mostly dearer. Details list prices for lambs, ewes, steers, and bulls amid a mixed market snapshot.
MENTIONED IN THIS ARTICLE
Vemerdas
Jomebush
Sydney
Seciaion
Hogaete
Tse
Wool prices fall ending 1973 season in Australia
The 1973-19 wool selling season closed with prices down about five percent at Sydney and Melbourne. Final week activity was normal, and prices finished near twice the 67.72 pace per kilogram, while total season sales looked to top around 1,000 million dollars. The Australia Wool Corporation handled a large portion of bale offers, with prominent buyers and exporters active despite weak order books.
MENTIONED IN THIS ARTICLE
Sydney
Melbourne
Australia Wool Corporation
S Cooke Announces 1 5 Bonus Issue and Profit Rise
Sidney Cooke plans a 1:5 bonus issue after reporting a 65 percent profit rise for the year ending April 3. The firm expects a 16 percent sales increase and a higher annual dividend payout, with earnings after tax around 469,000 and property revaluations boosting net assets.
MENTIONED IN THIS ARTICLE
Sidney Cooke
Almont
Atte
Melbourne Stock Exchange Suspension Notice
A garbled report indicates a suspension involving Humes and the Melbourne Stock Exchange with unclear details about fees, interpretations, and municipal or societal references. The fragmented text mentions expected court action and regulatory actions affecting listed entities and stakeholders.
APEA attacks government oil policy in Brisbane meeting
The Australian Petroleum Exploration Association condemned federal oil policy after a Brisbane council meeting led by Mr Witner. He criticized plans to enter oil exploration, lack of industry consultation, and high government risk spending. He cited solar prices, gas price controls, and a proposed $200 million pipeline plan as examples of misallocated public funds.
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Australian Petroleum Exploration Association
APEA
Brisbane
Witner
Witwer
Fedral
Winwer
Gov
Elow International Party
Mir Witwer
Willner
Elerprise
Cooper Basin- Ssatney
Japan bends to improve trade balance amid deficits
Japan faces persistent monthly balance of payments deficits and pressure from the United States as it seeks a more even trade with global partners. Officials warn of reserve declines while optimistic voices claim the corner has been turned amid forecasts of slower deficits and ongoing export gains in timber, grain, and computing sectors.
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Japan
Jong
Nixon
Jepaneg Dacaon
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