OTHER NEWS - June 4, 1994
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From Times Staff and Wire Reports
Santa Anita Realty Enterprises Inc. said it is reducing the company’s dividend as part of its long-range plan to build shareholder value. The Arcadia, Calif.-based real estate investment trust revised the company’s annual dividend rate to 80 cents a share from $1.36. . . . Los Angeles-based Atlantic Richfield Co. and British Gas began drilling their first gas and oil well off the southern Vietnam coast, the British company’s senior official in Vietnam said.
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