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Publishing Co.'s

public float

Publishers Holdings Ltd., of Sydney, has been formed with £500,000 nominal capital, and ' will issue £200,000 in ' 800,000

shares of 5/ each.

' The directors and their associ-

ates will take up 600,000 and the public 200,000 shares.

The company will acquire all the shares in K. G. Murray Pub- lishing Co. and the Kenmure Press, which publish Man Maga- zine and many other productions.

Average adjusted profit for the three years ended December, 1950, Ivas £29,551, equal to 14.775%

on capital.

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