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YeaShin International lowers conversion price on convertible bonds
By Mary-Katherine Stinson
Lexington, Ky., Sept. 8 – YeaShin International Development Co., Ltd. adjusted the conversion price for its seventh domestic secured convertible bonds, according to an announcement on Sept. 7.
The adjustment is being made due to the ex-rights operation of the company in 2023.
The company will lower the conversion price to NT$12.40 from NT$13.18, starting Sept. 26.
YeaShin is a Taipei, Taiwan-based company engaged in the development and rental of residential buildings and other buildings.
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