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Prospect News home > News index > List of issuers A > Headlines for Alltek Technology Corp. > News item
Published on 7/19/2023 in the Prospect News Convertibles Daily.

Alltek Technology slashes conversion price for corporate bonds

By William Gullotti

Buffalo, N.Y., July 19 – Alltek Technology Corp. lowered the conversion price of its 4th domestic unsecured convertible corporate bonds, according to a notice on Wednesday.

In order to facilitate a dividend distribution, the conversion price will be adjusted to NT$30 from NT$33, effective on the Aug. 9 ex-dividend date.

Taiwan’s Alltek distributes semiconductor components for the telecommunications industry.


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