EX-4 3 agrinurtureopinion.htm OPINION OF DEPOSITARY'S COUNSEL

 

EXHIBIT 4

 

Emmet, Marvin & Martin, LLP

Counsellors at Law

 

120 Broadway

New York, New York 10271

 

(212) 238-3000

(212) 653-1760

http://www.emmetmarvin.com

 

 

November 25, 2019

 

The Bank of New York Mellon,

as Depositary

240 Greenwich Street

New York, New York, 10286

 

Re: American Depositary Shares representing common shares of Agrinurture, Inc.

Ladies and Gentlemen:

We refer to the registration statement to be filed on Form F-6 under the Securities Act of 1933 (the "Registration Statement") by the legal entity created by the agreement (the "Deposit Agreement") for issuance of American Depositary Shares ("ADSs"), which may be evidenced by American Depositary Receipts ("ADRs"), representing common shares of Agrinurture, Inc., for which you propose to act as Depositary.

 

We are of the opinion that the ADSs covered by the Registration Statement, when issued in accordance with the terms of the Deposit Agreement, will, when sold, be legally issued and will entitle the holders thereof to the rights specified in the Deposit Agreement and the ADRs.

This opinion may be used by you as an exhibit to the Registration Statement.

Very truly yours,

/s/ EMMET, MARVIN & MARTIN, LLP

EMMET, MARVIN & MARTIN, LLP