Chung-Hsin Electric convertibles’ redemption period runs to June 26

By Wendy Van Sickle

Columbus, Ohio, June 9 – Chung-Hsin Electric and Machinery Manufacturing Corp. said the redemption period for its second convertible corporate bonds (Code: 15131) that started on May 26 will run through June 26, according to a notice.

June 26 will also be the last trading day for the convertibles.

If investors purchase the bond after June 20, the company will then redeem the bonds at a price of NT$100,000 per bond.

Based in Taiwan, the company manufactures and distributes electric power equipment and engages in project engineering.

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