The Palestine Electric Corporation today announced that an issue of 800,000 ordinary shares of stock selling at one pound sterling ($2.80) has already been oversubscribed. The sale of this issue at par was restricted to present holders of the company’s ordinary and “A” ordinary shares.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.