-
Esprit H dvb-t tv receiver oldings launches level 1 sponsored ADR program
dvb-t tv receiver snap button women jerseys swing check valve Camlock coupling ITO glass Montessori materials wooden toys Globe valve manufacturer rc plane Solar photovoltaic magasin chaussure ahappydeal bridal wear sexy wedding dresses Label die cutting machine pull tunique hex nut beta-sitosterol Empty gelatin capsules
Esprit Holdings launches level 1 sponsored ADR programPublished: 20 Nov 2009 01:19:01 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 20, 2009 (China Knowledge) – Esprit Holdings Ltd<0330>, one of the world’s leading clothing retailers, yesterday announced the establishment of a level 1 sponsored American depositary receipt program.The Hong Kong-listed company has appointed BNY Mellon as the sole depositary for the ADR program, which was previously unsponsored and administered by multiple depositaries.Each Esprit ADR represents two ordinary shares and trades on the over-the-counter market in the U.S.Executive Director and Group CFO Chew Fook Aun said that the aim of the ADR program is to make it easier for U.S. investors to trade Esprit securities so as to expand the firm’s international shareholder base.Esprit, together with its subsidiaries, is mainly engaged in the retail and wholesale distribution of quality lifestyle products under the Esprit and edc brands. The firm has more than 800 directly-managed retail stores globally and distributes via more than 14,000 wholesale points-of-sale in more than 40 countries.Esprit’s net profit for the first half of this year was HK$4.75 billion, down 26.4% from HK$6.45 billion a year earlier due to sluggish demand in the European market, according to an earlier report from China Knowledge.Copyright © 2009 http://www.chinaknowledge.com超声波清洗机 深圳装修公司 Superannuation 有机玻璃 クレジットカード現金化 car sun shades 深圳搬家公司 現金化 比較 solid wood kitchen cabinets
Secured by 