Milton Corporation Explained

Milton Corporation Limited
Type:Public
Foundation:
Location City:Sydney
Location Country:Australia
Key People:Robert Millner, Non-Executive Chairman
Industry:Diversified investments

Milton Corporation Limited is an Australian listed investment company.

Milton was founded in 1938 and listed on the Sydney Stock Exchange in 1958.[1] Its chairman is Robert Millner and its managing director is Frank Gooch.[2] It invests in Australian listed equities, trusts, interest bearing securities and real property. The focus of the company is in investing on a long term basis with the objective of deriving dividend income which it passes on to its own shareholders.

It is based in Sydney, Australia. In June 2021, it agreed terms to be taken over by Washington H Soul Pattinson.[3]

Notes and References

  1. Web site: About Us. Milton has been an investment company since 1938 and it became a LIC when it listed on the Sydney Stock Exchange in 1958.. Milton Corporation Limited. 24 Feb 2018.
  2. Web site: Directors. Milton Corporation Limited. 24 Feb 2018.
  3. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02386621-2A1304545?access_token=83ff96335c2d45a094df02a206a39ff4 Merger with Milton Corporation Limited to create a larger, more diversified and unique ASX company