Eurocharm trims conversion price for domestic convertible bond

By Mary-Katherine Stinson

Lexington, Ky., Aug. 11 – Eurocharm Holdings Co., Ltd. announced an adjustment to the conversion price of its first convertible bond, according to a notice Thursday.

The conversion price will be lowered to NT$148.6 per share from NT$153 per share, effective on the ex-dividend base date of Sept. 8.

The adjustment is due to a cash dividend distribution.

Eurocharm is a Taiwan-based company principally engaged in the manufacture, processing and sales of auto parts and components, hardware components and mechanical components, as well as the provision of assembly services.

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