Commerce Commission Notices and Reserve Bank Statement




1636 THE NEW ZEALAND GAZETTE No. 52

Notice by Commerce Commission of Clearances of Merger and Takeover Proposals

NOTICE is hereby given that the Commerce Commission has given clearance to the following merger and takeover proposal No. 5 in terms of section 66 (3) (a) of the Commerce Act 1986.

Person by or on behalf of whom notice was given in terms of sections 66 (1) or 67 (1) of the Commerce Act 1986 Proposal Date of Clearance Commission Reference
Transcapital Corporation Ltd. Transcapital Corporation Ltd. may acquire up to 44 percent of the issued capital of Progressive Enterprises Ltd. 25 March 1987 AUT/MT-T7/1
Transcapital Corporation Ltd. Transcapital Corporation Ltd. may acquire up to 45 percent of the issued capital of Rainbow Corporation Ltd. 25 March 1987 AUT/MT-T7/2
Transcapital Corporation Ltd. Transcapital Corporation Ltd. may acquire up to 40 percent of the issued capital of Astral Pacific Corporation Ltd. 25 March 1987 AUT/MT-T7/3

Dated at Wellington this 1st day of April 1987.

P. E. GAULD, for Commerce Commission.

4

Notice by Commerce Commission of Clearances of Merger and Takeover Proposals

NOTICE is hereby given that the Commerce Commission has given clearance to the following merger and takeover proposal in terms of section 66 (3) (a) of the Commerce Act 1986.

Person by or on behalf of whom notice was given in terms of sections 66 (1) or 67 (1) of the Commerce Act 1986 Proposal Date of Clearance Commission Reference
Pacific Metropolitan Ltd. Pacific Metropolitan Ltd. or any of its wholly owned subsidiaries may acquire up to 49.9 per cent of the share capital of Landmark Corporation Ltd. 12 March 1987 AUT/MT-P11/1

Dated at Wellington this 25th day of March 1987.

D. T. WOGAN, for Commerce Commission.

2

RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON WEDNESDAY, 25 MARCH 1987

Liabilities

Overseas liabilities—
Denominated in overseas currencies—
(a) Short term .. .. .. .. 5,079,115
(b) Long term .. .. .. .. 457,007
Denominated in New Zealand currency—
(a) Short term .. .. .. .. 50,321
(b) Long term .. .. .. .. —

$(000)
5,586,443

Allocation of special drawing rights by I.M.F. .. .. .. .. 319,733

Deposits—
(a) State:
Public account .. .. .. 1,572,018
Other .. .. .. .. 133,171
(b) Marketing organisations .. .. 568
(c) Stabilisation accounts .. .. 111,957
(d) Trading banks .. .. .. 17,391
(e) Other .. .. .. .. 36,965

1,872,070

Notes in circulation .. .. .. .. 856,816
Other liabilities .. .. .. .. 177,543

Reserves—
(a) General reserve .. .. .. 139,615
(b) Other reserves .. .. .. 91,956
(c) Profit and loss appropriation account —

231,572

$9,044,177

Assets

Overseas assets—
Denominated in overseas currencies—
(a) Short term .. .. .. .. 5,901,228
(b) Long term .. .. .. .. 12,279
(c) Holdings of I.M.F. special drawing rights .. .. .. .. 15,785
Denominated in New Zealand currency—
(a) Short term .. .. .. .. —
(b) Long term .. .. .. .. 2,532
Gold .. .. .. .. .. 699

$(000)
5,932,523

Advances and discounts—
(a) State:
Public account .. .. .. —
Other .. .. .. .. 99,652
(b) Marketing organisations .. .. 4,613
(c) Stabilisation accounts .. .. 853,708
(d) Trading banks:
Compensatory deposits .. .. —
Other .. .. .. .. 3,549
(e) Other .. .. .. .. 557

962,079

Term Loans—
Marketing organisations .. .. .. 50,000

Investments in New Zealand—
(a) New Zealand Government securities .. .. .. .. 1,968,169
(b) Other .. .. .. .. 9,009

1,977,178

Other assets .. .. .. .. .. 122,397

$9,044,177

G. K. FROGGATT, Chief Manager, Corporate Services.



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✨ LLM interpretation of page content

🏭 Commerce Commission Clearances of Merger and Takeover Proposals

🏭 Trade, Customs & Industry
1 April 1987
Clearances, Merger, Takeover, Commerce Act, Transcapital Corporation
  • P. E. Gauld, for Commerce Commission

🏭 Commerce Commission Clearances of Merger and Takeover Proposals

🏭 Trade, Customs & Industry
25 March 1987
Clearances, Merger, Takeover, Commerce Act, Pacific Metropolitan Ltd
  • D. T. Wogan, for Commerce Commission

💰 Reserve Bank of New Zealand Statement of Assets and Liabilities

💰 Finance & Revenue
Assets, Liabilities, Reserve Bank, Financial Statement
  • G. K. Froggatt, Chief Manager, Corporate Services