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Horng Shiue adjusts conversion price on bonds for capital increase
Chicago, Feb. 6 – Horng Shiue Holding Co., Ltd. adjusted the conversion price on its convertible corporate bonds due to the company issuing 20 million ordinary shares, according to a notice.
The downward adjustment is reflected in a new conversion price of NT$18.40 from NT$19.40, effective Feb. 14.
Based in Shanghai, the issuer manufactures car body parts.
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