Daito Trust Construction has appointed Deutsche Bank as depositary bank for its sponsored Level 1 American Depositary Receipt Program.
Headquartered in Tokyo, Japan, Daito operates apartment construction and real estate businesses. The company designs and constructs condominiums, rental office buildings, factories and warehouses in Japan. It also offers tenant recruiting, building maintenance and contracting arrangements services.
Mrugank Paranjape, Asia Pacific head of Trust & Securities Services and Cash Management for Financial Institutions, Global Transaction Banking at Deutsche Bank said, “We look forward to acting as depositary bank for Daito’s ADR program. Deutsche Bank will utilize its broad range of customized services to assist Daito in enhancing the visibility of its ADR program with the investor community.”
Daito Trust Construction Appoints Deutsche Bank For ADR Program
Daito Trust Construction has appointed Deutsche Bank as depositary bank for its sponsored Level 1 American Depositary Receipt Program.
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