LONDON, HONG KONG, Citis Global Transaction Services business, acting through Citibank N.A., has been appointed by Shin Kong Financial Holding Co., Ltd. (SKFH), a diversified financial services holding company based in Taiwan, as the depositary bank for its Luxembourg Stock Exchange-listed Global Depositary Receipt program… more
NEW YORK, The Bank of New York Mellon has been reappointed by Compal Electronics, Inc. (Compal) as depositary bank for its sponsored Global Depositary Receipt (GDR) program. Each Compal GDR represents five common shares and trades on the Luxembourg Stock Exchange under the symbol “CPED.” Compal’s ordinary shares trade on the Taiwan Stock Exchange under the stock code “2324”… more
NEW YORK, The Bank of New York Mellon has been selected by The Tata Power Company Ltd. (Tata Power) as the depositary bank for its Global Depositary Receipt (GDR) program. Each Tata Power GDR represents one equity share. The GDRs are listed on the official list of the Luxembourg Stock Exchange, have been admitted for trading on the Euro MTF Market of the Luxembourg Stock Exchange, and are quoted on the International Order Book of the London Stock Exchange under the symbol “TPCL LI”… more
NEW YORK, American and global depositary receipt (DR) trading volume increased 14% to a record 72.1 billion DRs during the first six months of 2009 according to The Bank of New York Mellon, the world’s leading depositary bank. As expected, DR trading value was significantly lower than records set one year ago. During the first six months of 2009 $1.3 trillion of DRs traded on U.S. and non-U.S. markets and exchanges… more
ALL REGIONS, Citi’s Global Transaction Services business, acting through Citibank N.A., has announced that it has been appointed by Chemspec International Limited (“Chemspec”), a leading China-based contract manufacturer of highly engineered specialty chemicals, as the depositary bank for its NYSE-listed American Depositary Receipt (ADR) program… more