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Monday 17 June 2013

Global depository recipet


Global depository receipt is a depository receipt which is issued as a single instrument to public in other countries but in USA, it is privately placed under Rule 144A.
 
The first GDR issue is an issue made by Samsung Co. Ltd. (South Korea) in December 1990.


http://www.investopedia.com/terms/g/gdr.asp

A Primer on GDRS from Citibank
https://wwss.citissb.com/adr/common/file.aspx?idf=1525
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