Taiwan’s Etron Electronics trims conversion price of convertibles

By Mary-Katherine Stinson

Lexington, Ky., Aug. 16 – Etron Technology, Inc. announced an adjustment to the conversion price of its third domestic convertible bonds, according to a notice.

Effective Sept. 9, due to the company’s handling of ex-rights and dividends, the conversion price will be adjusted to NT$59 from NT$59.9.

Hsinchu, Taiwan-based Etron is engaged in the semiconductor and material business sector, specializing in buffer memory and system-on-chips.

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