Deutsche Bank has been appointed as depositary bank for the Nasdaq listed American Depositary Receipt (ADR) program of Bona Film Group.
Bona Film is a privately owned film distributor in China. It distributes domestic films among all privately owned film distributors in China. Since its inception in November 2003, Bona Film has distributed 139 films, including 29 films internationally.
Deutsche Bank head of Global Equity Services Akbar Poonawala said Deutsche Bank is pleased to be Bona Film’s depositary bank of choice. This appointment underscores Deutsche Bank’s commitment to the People’s Republic of China and the bank looks forward to providing the company’s shareholders with the highest levels of service.
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, provides trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions.
It is a depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, Nasdaq, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers fund and hedge fund administration and provides securities custody, clearing and agency lending services from a global network spanning more than 30 markets.