text: **(d) Businesses Acquired**
  
  On 12 August 1998, Mermaid Marine 
  Australia Limited (formerly Bellbridge 
  Investments Pty Ltd) acquired 100% 
  of the shares in Mermaid Marine Group 
  Pty Ltd. The acquisition details were: 
  
  **Consideration**
  Cash paid for purchase of shares 
  Buy back of shares 
  Issue of shares as part of acquisition 
  Pre-acquisition dividend 
  Stamp duty payable on transfer 
  
  of shares 
  Shares issued 