No. 30

28 July 1997


Pacin GDR Issue To Be Launched In September

The Holding Company for Chemical Industries will offer 30% of its shares in the Paintsand Chemicals Industries Company (PACIN) on the London stock exchange in September.PACIN's global depositary receipts (GDR) issue to be lead-managed by ING Barings will bethe fifth international offering involving an Egyptian company, following CommercialInternational Bank (CIB), Misr International Bank (MIBank), Al-Ahram Beverages...