JPMorgan announced the Taiwan Kolin Co., Ltd. (Taiwan Kolin), Global Depositary Receipt (GDR) program in conjunction with the company’s $28.7 million initial public offering.
Taiwan Kolin is a manufacturer of household electrical appliances and equipment including colour televisions, video recorders, refrigerators and air conditioning equipment.
Each Taiwan Kolin GDR (ISIN:XS0237340525; Common Code:023734052), representing 10 common shares, is traded on the Luxembourg Stock Exchange.