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Gold Star, with the same market share, gives a dual listing.
Dual listings have thus become an important way for the country to maintain influence.
They also rejected the elimination of the company's dual listing.
The two groups are working on plans to create a combined firm that would retain its dual listing.
"We also may consider other factors when trying to determine if dual listings would make sense for a given city or region.
It published the prospectus for the new, dual listing on Wednesday.
The plan is to continue with a dual listing, with London the primary one.
International issuers can access investment from the region, through a primary or dual listing.
It is expected to be a dual listing in London and Moscow.
Spokesmen for both companies said they were considering the merits of a dual listing.
It is a good example of the way that dual listings can turn out to be a win-win situation for investors here.
However, the group expects the dual listing to reflect more accurately the underlying strength of the business.
By getting a dual listing, it will receive the benefit of added investor exposure from Nasdaq.
The exchange claims that the costs of dual listings are outweighed by the additional access to capital.
South Africa allows dual listing while India does not.
“We are therefore expecting more companies to take the opportunity of dual listing in the near future.”
The lender hoped to raise up to $4.2 billion through the dual listing, one of the biggest stock sales ever by a Mexican company.
Yesterday, one of those six companies, Countrywide Financial, said it would end its dual listing.
When dual listing becomes unsustainable, it usually dissolves quickly.
"But while dual listing is a departure from precedent, it does not affect liquidity on the exchange."
"Dual listing" - Where the directors of the company get the right to buy the shares at one price and the public another (higher) price.
The Thai bourse has said the company plans to make a dual listing in Thailand.
Think Bunzl was on the cusp as well, though its dual listing confuses things.
Mr Nayanda’s comments were probably just chaff; a conflict over dual listings seems to have been the final straw.
A dual listing in China would raise Wilmar’s profile.”