Malaysia Airports has appointed Deutsche Bank as depositary bank for its non-capital raising sponsored Level 1 American Depositary Receipt (ADR) program.
As a Level 1, ADR issue, shares of Malaysia Airports will trade over the counter. The company manages and operates 39 airports in Malaysia, including international, domestic and short take-off and landing ports. Malaysia Airports began trading on the Kuala Lumpur Stock Exchange in 1999, and it was the first airline operator to trade on an Asian stock exchange.
“We are delighted to be acting as depositary bank on this ADR program with Malaysia Airports. We look forward to providing this client with the highest level of service for their newly-launched program,” says Edwin Reyes, global head of Depositary Receipts at Deutsche Bank.
Malaysian Airport Operator Picks Deutsche Bank for ADR Program
Malaysia Airports has appointed Deutsche Bank as depositary bank for its non-capital raising sponsored Level 1 American Depositary Receipt (ADR) program.
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