Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Singapore Exchange Ltd. > News item |
Singapore Exchange lowers conversion price on convertibles due 2024
By William Gullotti
Buffalo, N.Y., Sept. 28 – Singapore Exchange Ltd. and subsidiary SGX Treasury I Pte. Ltd. adjusted the conversion price for their €240 million 0% guaranteed convertible bonds due 2024, according to notices on Thursday.
Effective Oct. 16, the price will be adjusted to S$12.0532 from S$12.2640.
The adjustment is due to a proposed final dividend of S$0.085 per share for the financial year ended June 30, which remains subject to shareholder approval at the annual general meeting on Oct. 5. The dividend is expected to be paid Oct. 20.
Singapore Exchange is a Singapore-based securities and regional derivatives exchange.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.