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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: eWhartHog who wrote (6520)	9/19/1998 9:42:00 PM
From: Stitch	Read Replies (1) \| Respond to of 9980

John, re: SIDBY you said <<Try it with Sime Darby (SIDBY), which has been discussed before.>> If I am doing the conversion right I can buy SIDBY ADRs for about 47 cents while if I buy them on the KLSE I pay the artificial equivalent of 65.25 cents. Interesting what monetary policies do for you. If I understand the rules correctly, if you buy the ADR you cannot sell for one year or you cannot collect the proceeds of a sale for one year, I am confused on this point but believe it is the latter. If I were a Malaysian I can buy and sell at will on the KLSE accept that short sales are banned. Many thanks for the link! Best, Stitch