Company News in Brief
Wednesday 20 April 1994
River & Mercantile Extra Income Trust has maintained the second interim dividend payout at 1.97p. Pre-tax revenue rose to pounds 2.2m (pounds 1.8m). Earnings per share improved to 4.6p (3.65p) as did net asset value per share from 104.74p to 125.75p.
Royal Bank of Scotland has agreed to sell its 64 per cent shareholding in Associated Merchant Bank, which conducts leasing and hire purchase business in Singapore, for an undisclosed sum.
Chemring Group, the decoys, safety clothes and equipment maker, has bought Graseby Nova from a subsidiary of Graseby for pounds 1.1m in cash. The company said the acquisition should have a positive effect on earnings per share and is being funded from Chemring's own resources. Grase Nova, which will trade as Nova Marine Systems (Nova Marine), makes electronic marine search and rescue products and produces radio control centre equipment for the police and coastguard services.
EIS Group the hydraulic and aircraft engineer has bought C & F Miller, an aeroengine tooling and maintenance equipment maker based in Bristol, for pounds 489,000 in cash. The deal includes a further maximum cash price of pounds 100,000 to be based on pre-interest profits in the next three years.
- 1 Howard Jacobson: Let's see the 'criticism' of Israel for what it really is
- 2 Brazil vs Germany World Cup 2014: In defence of Mesut Ozil - the Arsenal midfielder works magic in the shadows
- 3 Do you know this man? Amnesia sufferer found in park pleads for help in identifying who he is
- 4 PornHub begs users to stop uploading video clips of Brazil getting beaten 7-1
- 5 Tony Abbott embarrasses Australia by praising Japanese WWII military, ‘getting on the sake’ and posing for ‘crotch-shot’ photo opportunity
Game of Thrones author George RR Martin says 'f*** you' to fans who fear he will die before finishing Westeros saga
Jennifer Lawrence face palms Emma Watson at Christian Dior show in Paris
Mick Jagger denies being World Cup curse and reason for Brazil’s embarrassing defeat
Gingers face extinction due to climate change, scientists warn
Do you know this man? Amnesia sufferer found in park pleads for help in identifying who he is
Sustained immigration has not harmed Britons' employment, say government advisers
British jihadist calls for 'flag of Islam' over Downing Street and Buckingham Palace
Australia facing international condemnation after turning around Sri Lankans at sea
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
There’s a nasty smell in the political air – and it’s coming from the Tories
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