Abrolhos public issue by Hawkstone unit Abrolhos
Abrolhos public issue by Abroshow Oil NL a Hawkstone Oil subsidiary plans to issue 10 078 0010 shares at 50c each underwritten by Patrick Bodia. Hawkstone directors say shareholders can apply in proportion linking Abrolhos to Hawkstone and Longreach Oil holders receive limited entitlements. Entitlements are non transferable.
MENTIONED IN THIS ARTICLE
Abroshow Oil NL
Hawkstone Oil Co Ltd
Soc
Hawkstone
Patrick Bodia
Wdney Stock Exchange
Hawkstone Oil
Longreach Oil Ltd
Pulse of Industry: Wet Basics and Power in Building Supplies
The Pulse of Industry highlights trends in building supplies, consumer durables, and tex products. It notes evolving demand for basic plumbing and electrical components and the impact on suppliers, retailers, and home projects. The feature underscores market shifts shaping availability and pricing amid shifting consumer demand.
Electronic bid for A and I Discounters by Electronic Industries
Electronic Industries Ltd makes a cash takeover offer of 110 dollars for all remaining shares of A and I Discounters Ltd. The group reports prior ownership of 882,200 shares and notes totaling 574,500 in August. Market conditions and drought weigh on forecast, with management noting potential restructuring and reduced shareholder returns amid the bid.
MENTIONED IN THIS ARTICLE
Electronic Industries Ltd
A and 1 Discounters Ltd
Electronic
Atk
Tech
Carrying Systems Group
Enotors Sky
F. Walsh
Electanic
Newm
Big Dutch Electrical croUp
M. Philips
Walsh
New Zealand
Higher saves for Lamson
Lamson Industries Australia Ltd reports a strong start to the year with sales figures showing a marked improvement over the same period last year. The update highlights ongoing efficiency gains and market gains for the company.
MENTIONED IN THIS ARTICLE
Lamson Industries Australia Ltd
U.K. Insurance Firms In Big Merger
London reports Britain approves a 16 million pound merger between Royal Exchange Assurance and Guardian Assurance, with talks ongoing on terms. Commercial Union and Northern and Employers plan an 800 million pound pool. Government yet to rule on monopoly issues amid a broader trend toward consolidation.
MENTIONED IN THIS ARTICLE
London
Aap-Reuter
Britain
Royal Exchange Assurance Company
Guardian Assurance Company
Commercial Union Insurance Company
Northern and Employers Group
Email lifts dividend to 11 per cent
Email Ltd, makers of industrial and electrical products and home appliances, lifted the ordinary dividend from 9 to 11 per cent after a record profit in 1967. Profit amounted to a $261,529 surplus from fixed asset sales and investments, up from $91,090. net after tax rose from $961,000 to $1,388,000. Final ordinary dividend increased from 4.5 to 6 per cent, payable May 1 to shareholders on the books April 10. Interim dividends were raised from 3.4 to 5.5 per cent.
MENTIONED IN THIS ARTICLE
Email Ltd
MKU chairman blasts policy and record group profit surge
The MKU and Mary Kathleen Uranium Ltd saw profits soar with group net profit rising from 141,299 to 7,920,153 and earnings rate up from 12.8 to 17.4 percent after deducting preference dividends. Directors noted all divisions performed strongly and momentum continued into early months, while the uranium export limits were criticized by chairman Blake Pelly as hindering mineral discoveries.
MENTIONED IN THIS ARTICLE
Nccessiy
Rare Earths
MEU
Bhp-Esso
Easy Strait
Afl
Australia
Mary Kathleen Uranium Ltd
Blake Pelly
Court halts transfer of shares at O Connell Corp Ltd
Justice Street granted an injunction in Sydney stopping any allotment or transfer of shares in O Connell Corp Ltd. Commercial Guaranty Ltd and Sylvester William McClymont petitioned the order. The matter will be heard at 2pm today. NSJ Bacon, general manager, said 200000 shares were issued to Mainline Holdings Pty Ltd at 125 per share. Mrs O Neill and R C Baker were reappointed to the board amid news Commercial Guaranty advised Sydney Stock Exchange that it had acquired a controlling interest in O Connell Corp.
MENTIONED IN THIS ARTICLE
Justice Street
Sydney
O'Connell Corp Ltd
Commercial Guaranty Ltd
Sylvester William McClymont
O'Connell Corp
NS. J Bacon
Svdney Stock Exchange
Oto Mainline Holdings Pty Ltd
O'Neill
R. Cc. T. Baker
Commercial Guammy
Sydney Stock Exchange
Stramit Boards lifts profit in December half-year
Stramit Boards Ltd building-systems maker reported a profit rise in the December half-year with audited earnings improving from 151 653 to 168 400 dollars. The gain reflects continued advancement in earnings and financial performance for the period.
MENTIONED IN THIS ARTICLE
Stramit Boards Ltd
Fitzgerald wins 1967 John Storey Medal for management
Sir Alexander Fitzgerald has been named the John Storey Medal recipient for 1967 by the Australian Institute of Management. The award, funded by the John Storey Fund, honors distinguished contributions to scientific management in Australia and was announced by I P Weber in Canberra. Fitzgerald, a fellow and former Melbourne division councillor and vice president of the AIM, is noted for leadership in accounting and management development.
MENTIONED IN THIS ARTICLE
Australian Institute of Management
John Storey Fund
Australia
I. P. Weber
Federal Council
Canberra
Alexander Fitzgerald
Melbourne
Alexander
Trading update shows Steggles, Allied Mills and others steady
A Melbourne market roundup reports Steggles Holdings and Allied Mills maintaining steady profits amid lower selling prices and higher costs. It notes reduced production costs at several firms, ongoing weak demand, and a cautious outlook for the half year with earnings per share anticipated around 11 to 13 percent.
MENTIONED IN THIS ARTICLE
Petro
Western Titan
Piper
Bea
Westralhan
Bey
Raymond
Meyent
Rhodes
Rowe HG
Selvy HA
Sherbourne
Ihn
Alliance Taw
Scitmamd
Allied Mills
Amoe Secuf
Stevhas
Ute
Steggles Holdings
Austral Bakeries
Aunt Inds
Swan Qsie Paige
Aurtive Ria
Tau Akae Hoa
Pester Mere
Monde
Beecham
Tomlinson
Eales
Carper Henry
Messer V'pac
Exec
Bintany
Bury
Capel Court
Cimuine
BEM
Cheney
Clark
Slater
Clarks
Wrecksir
Wren J
Whnderlich
Hydro Medlow Bath Ltd Half Year Net Profit Rise
Hydro Medlow Bath Ltd reports higher net profit for the half year compared with the prior corresponding period. The result reflects improved performance at its Medlow operation and related divisions during the period under review.
MENTIONED IN THIS ARTICLE
Hydro Medlow Bath) Ltd
Mount Lyell Reports Profit Fall Amid Cost Pressures
Mount Lyell Mining and Co Ltd reports lower first half profit due to rising costs and erratic ore recoveries. Interim dividend at 10 percent payable May 6, with executives noting improvements to the milling plant and ongoing efforts to raise throughput from 2.2 to 2.5 million tons. Renison Ltd also reports a loss year to date, with little sign of substantial improvement by June.
MENTIONED IN THIS ARTICLE
Mount Lyell Mining and Co Ltd
Africa
J. B. Massy-Green
C Andi
Gold Fields
Renison Ltd
Gold Fields Group
Jaane Renison
Pioneer Concretes Satisfactory Half Year Profit Rise
Pioneer Concrete Services Ltd reports a satisfactory increase in the December half year profit over the prior period. Interim dividends are sustained with dividends payable in May. The group notes lower depreciation and improved margins, with six months results including higher tax and cautious forward sales expectations, while directors declare no demand for the year.
MENTIONED IN THIS ARTICLE
Pioneer Concrete Services Ltd
Mendy
Tralian Group
H. O. Wells
Thvatralie
PTT
Inet
Ajax Insurance bids for Bebarfalds
Ajax Insurance bids for Bebarfalds with offers of 20 cents per ordinary share and 90 percent for preference shares. The proposal may alter control as directors consider acceptances and remaining holders face tax considerations. The receiver and Maples Pty Ltd oversee liabilities including back taxes and mortgage debts amid ongoing investigations.
MENTIONED IN THIS ARTICLE
Pn Prelasecarecellet
Bebar
Ajax
Num- Sane Se Ee
Reson
Bebarfalds
Wnshare
Ate
Fichurfalds
Rebartalds Ltd
Jackson
Ments
Maples
Ine
Ak Tulily
Nsw
Hi Teale
Postar
Ohn
P. A. Malouf
Ajax Wis
Fees Reservat Resia Les
End of Latec Receivership Set for March 28
The receivership of Latec Investments Ltd will end on March 28, marking the closure of the financial restructuring process. Official reports confirm the completion of asset disposition and settlement of creditor claims.
MENTIONED IN THIS ARTICLE
Latec Investments Ltd
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