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.
World's most lethal spider found under a bunch of bananas
Rumours that the star wants to move on to pastures new
TV presenter Fiona Bruce seemed a bit startled by the find during the filming of Antiques Roadshow
Comedian says he 'never laughed as hard as I have writing with Rik'
- 1 Sick elderly man makes 'complete turnaround' after emotional reunion with dog
- 2 Star Wars memorabilia dubbed 'bit of plastic' by Antiques Roadshow's Fiona Bruce valued at £50,000
- 3 Isis fighters 'crucify' 17-year-old boy in Syria
- 4 Ebola cruise ship ‘in utter panic’ as Mexico and Belize refuse to let it dock
- 5 Death of northern white rhino leaves just six of endangered animals left in the world
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Sorry Judy Finnigan – Ched Evans is no less sickening than an alleyway rapist
Residents should throw a street party and mix with immigrant neighbours, councils told
Workers 'could be forced to pay £5 a week' to get benefits
Russell Brand threatened with arrest after filming outside Fox News headquarters
Amal Alamuddin calls for the return of the Elgin Marbles from Britain: 'Injustice has persisted for too long'
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