Shin Kong lowers conversion prices of fourth, fifth issue convertibles

Chicago, Sept. 16 – Shin Kong Financial Holding Co., Ltd. announced an adjustment of conversion prices for its fourth and fifth domestic unsecured convertible corporate bonds.

The adjustments, which will take effect on Sept. 27, are due to cash raising through the issuance of common shares.

The conversion price for the fourth domestic convertibles will be adjusted to NT$8.73 per share from NT$8.76 per share.

The conversion price for the fifth domestic convertibles will be adjusted to NT$10.78 per share from NT$10.82.

Shin Kong is an investment holding company based in Taipei, Taiwan.

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