VOL. XLII
No. 04
25-January-1999
EGYPT
ABC Launches Euro GDR
Egypt痴 Al-Ahram Beverages Company (ABC) announced on 10January that it has launched a euro-denominated global depositary receipt(GDR). The new GDR will be the second depositary receipt launched by ABC, withthe first denominated in US dollars. Two euro GDRs will be equivalent to oneshare in ABC and the receipts will be traded on the London stock exchange. Thecustodian bank is Commercial International Bank (Egypt) and the receipts willbe...
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