Lot 262: MANUFACTURES INDOCHINOISES DE CIGARETTES S.A.
29 October 2016
Brussels, BelgiumLive Auction
Description: 1950 CHOLON. Action de 200 Piastres. brown, grey. #78000. No 26331. Formed Saigon, 1929, by French business magnate Gaston Rueff. In 1931, British American Tobacco, Shanghai, bought a 20% stake. M.I.C. then bought a factory called Trung Hue, in Cholon (the Chinese quarter of Saigon). We presume this share is from a capital increase. Underprint shows a Vietnamese woman, smoking a cigarette.
Condition Report: VF