β¨ Corporate Financial Disclosures
26 SEPTEMBER
17.2 PARTIES ASSOCIATED WITH DIRECTORS
The company contracted with parties associated with certain directors of Marlborough Electric Ltd.
These transactions involve the provision of legal and consulting services.
All transactions were at commercial rates.
| 1997 | 1996 | |
|---|---|---|
| $ | $ | |
| PJ Radich (Radich Dwyer Hardy-Jones Clark) | 63,117 | 43,559 |
| EA Hudson (E-Dec Ltd) | - | 118,126 |
| SL Maier (Maier Inc) | 3,750 | - |
18. EVENTS SUBSEQUENT TO BALANCE DATE
The directors resolved to merge the company's appliance trading operation with the appliance business of Southpower to form a new company, Powerstore Appliances Ltd.
This merger was effected on 19 May 1997, and the Company holds a 20% share in the new company.
NEW ZEALAND GAZETTE
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VUW Te Waharoa —
NZ Gazette 1997, No 141
NZLII —
NZ Gazette 1997, No 141
β¨ LLM interpretation of page content
π°
Related Parties Transactions
(continued from previous page)
π° Finance & RevenueRelated Parties, Directors, Legal Services, Consulting Services, Commercial Rates
- PJ Radich, Provided legal services
- EA Hudson, Provided consulting services
- SL Maier, Provided consulting services
π Post-Balance Date Merger
π Trade, Customs & IndustryMerger, Appliance Trading, Southpower, Powerstore Appliances Ltd