Sydney, Australia, July 28, 2011 - (ABN Newswire) - South Boulder Mines Limited (ASX:STB) (OTC:SBMSY) is pleased to announce the establishment of a Sponsored American Depository Receipt
Trading of Satyam stopped after its American Depository Receipt
(ADR) crashed to 90 percent after the admission of Raju.
This would also represent the first listing of a JDR, the Japanese version of the American depository receipt
, since it became available in November.
Bangalore-based MphasiS, which also denied that IBM had approached it, provides both software development as well as back-office processing services from its MsourcE subsidiary, has been planning to make an American Depository Receipt
over-the-counter listing on Nasdaq over the next 12 months, which would value the company in the region of $75m to $125m.
10 Group has also signed an agreement with Friedland Capital to have its shares listed as a Level 1 American Depository Receipt
The remaining shares were distributed through an American Depository Receipt
(ADR) in December 1997 or are owned by individual shareholders, according to Bizakov.
Well, here's a three-letter answer for you: ADR (American depository receipt
In its published response document, the board has advised stockholders to take no action with respect to the offer of USD11.25 (EUR8.74) per share and American depository receipt
(ADR), which the suitor is carrying out via unit Echo Pharma Acquisition Ltd.
"The effect of the demerger for existing shareholders, GDR holders and American Depository Receipt
(ADR) holders of OCI would be that each would receive free of charge one share (or GDR or ADR) in the demerged company holding the construction business for every share (or GDR or ADR) held in OCI immediately prior to the demerger," the company announced.
The company has signed an agreement with Friedland Capital to have 10 Group's shares listed as a Level 1 American Depository Receipt
. These ADRs will be issued by the Bank of New York which is the authorised depository.
The USD11.25 price per share and American depository receipt
(ADR) was previously set by the suitor based on the USD11.25 strike price of a USD1bn buyback by the target.
said Monday it will change the ratio of its American Depository Receipt
(ADR) program from 10 shares of its underlying common stock to one share of common stock per American Depository Share (ADS).