Sharechat Logo

Dominion on target for Microsoft House bid

By Christine Nikiel

Friday 21st June 2002

Text too small?
Dominion Funds says its bid to collect $10.5 million to part-finance its purchase of Microsoft House in Auckland's CBD is on target despite being pulled up by the Securities Commission.

Dominion has until July to attract $10.5 million to part-finance its $14.5 million purchase via Money Managers' Harbourside Property Fund syndicated offer.

The Securities Commission took exception to Dominion's advertisements for its syndicated Harbourside Property Fund, which offers securities in the Microsoft House development, saying the ads were "confusing." Dominion chief executive Paul Duffy said it had just been a matter of changing the font size.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NWF - NZ Windfarms shareholders approve Meridian acquisition
GMT - GMT and GMT Bond Issuer Limited 2025 Annual Report
VSL - Vulcan extends its banking arrangement
FBU - Fletcher Building Investor Day
June 24th Morning Report
DOW - Retirement and appointment of Non-Executive Directors
TWL - TradeWindow raises $600k in placement to accelerate growth
Ryman announces new Chief Financial Officer
Spark accepts offer for HTAL shareholding
June 23rd Morning Report