VOL. XL
No. 30
28 July 1997
EGYPT
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...
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