Explain the meaning of “cross-border” listing.

CPA-Financial-Management-Section-3 Revision kit

Cross-border listing
• Listing of securities issued by a foreign issuer on a domestic securities exchange.
• The issuer/company is usually listed on more than one exchange in several different countries.
• Examples: – East African Breweries Ltd. (EABL) and Kenya Airways are listed on the NSE and Uganda Stock Exchange.

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