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Wo Kee Hong sweetens conversion price on convertibles due 2008
By Devika Patel
Knoxville, Tenn., April 30 - Wo Kee Hong Holdings Ltd. announced that it is reducing the conversion price on its 7.25% convertible notes due 2008 to HK$0.83 from HK$1.00, effective May 9.
The reduction is due to a bonus share issue.
Darul Ehsan, Malaysia-based Wo Kee Hong distributes audio products.
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