Singapore to raise car registration and import duties
Singapore announced higher registration fees on imported cars by ten percent and a thirty percent duty increase within one month. Finance Minister Lim Kim San said measures aim to boost the motor vehicle assembly industry and reciprocity with Commonwealth nations.
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Singapore
Ee Reuter
Lim Kim San
Britain
Lim
Krall
Canada
Cer
Milamny Chain Clames
Siegapen
Australia
Canady
British car makers discuss assembling plants in Singapore
In London a Society of Motor Manufacturers spokesman said several British car manufacturers were negotiating setting up assembly plants in Singapore. He noted the high costs, competition from other markets, and active consideration of the move as part of expanding exports.
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London
AAP Rechter
Singaspore
Snciety of Motor Manufacters
Thane
Sinpaptr
Aokesian
Beish
Yiy Vlwaym
Ove
Holden sales lead Australian market despite 1965 loss
detailed Commonwealth-Statistics figures show Holden outsold rivals two to one in Australia during 1965 with 6,867 cars sold in April. Ford's best rivaling brand posted 3,168 sales. Fiat's figures were much lower. The report notes ongoing investments and industry shifts, including Chrysler and BHP developments, amid broader market trends and a 1965-66 profit context. A Melbourne note confirms Alvon of Australia's consolidated net loss for 1965 at 1,848,956 with depreciation charges and other adjustments.
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Degotardi takeover bid eyed by Macwood Pty Ltd
Sydney report notes that C H Degotardi Ltd, a land developer, has received a takeover offer from Macwood Pty Ltd, a substantial shareholder. Directors said Macwood offered for all shares, with discussions centering on an open, cashful deal. If accepted, dividends and shareholdings would shift. the board planned to respond within weeks.
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Sydney
C. H. Degotardi Ltd
Macewood Pty Ltd
Macwood
Direetors
Janfi
C.H
Setlement Wilders
Interim dividend raised by British Tobacco Coutts
Sydney reports the British Tobacco Coutts declared an interim dividend of 6 percent on both ordinary and ancillary capital. Directors stated the action at a meeting today in Sydney noting the rise reflects current earnings and capital position.
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Sydney
British Tobacco Couttas
Marcus Clark and Co Ltd posts 1.5 million half-year loss
Sydney based retailer Marcus Clark and Co Ltd reports a loss of 1,507,323 for the half-year to January 29. The firm cites abnormal costs from collecting accounts and forecasts ongoing retail losses in New South Wales. It warns of dividend suspension and notes a shift from catalogue operations to a store based credit system amid drought and weak demand.
MENTIONED IN THIS ARTICLE
Sydney
Marcus Clark and Co Ltd
Geneeri Cetailer
Nsw
Oils market slip and rise in Sydney trading
Sydney share market fluctuated as metals and industrials moved. Prices for Broken Hill, Mount Isa, and Woorhide group softened or steadied. Lead Industrials gained, while Totals and Tumaver bonds showed mixed strength amid profit-taking and cautious buying.
Prestige profit drops amid complex financial report
A fragmented financial note outlines prestige profits dipping after depreciation, with half-year results showing revenue and asset adjustments. Directors cite projects, dividend policy, and development costs, noting impairment and a steady but cautious outlook.
Project Development Talks Hit Complex Global Firm
A fragmented report outlines talks involving Project Development Cor and Standard Terah Set yerton Lid with names like Brita Amelin and Yoko, noting a half year timeline and a Tokyo event. It references a threat at the Ball in Tokyo, a $2.5 billion contract, and a $6 million elevated payment tied to Melbourn Guinea, amid graft allegations and corporate maneuvering.
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Pace
Brita Amelin
Deir Andlnce
Todey
Tokyo
Yoko
AMI
Ripe
Melbourn Guinea
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