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Auction: 15019 - Bonds and Share Certificates of the World
Lot: 129

Malaya: Cheng Rubber Estates, Ltd., pair of certificates for 1 Tael and 10 Candareen shares respectively, 19[24] and 19[32], no.536 and no.2382, capital restructure overprinted in red, both with monogram in centre, ornate border, brown and black, American style, printed by Colombian Bank Note Co., both extremely fine. (2)

Both stock exchanges in Shanghai and Hongkong took an active part in the Malayan rubber boom which started in 1910. This company was registered in Hongkong but quoted in Shanghai in Shanghai currency..

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