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Sound Global cuts conversion price of 6% convertible bonds due 2015
By Marisa Wong
Madison, Wis., June 8 - Sound Global Ltd. said it lowered the conversion price of its RMB 885 million of 6% convertible bonds due 2015 to S$0.674 from S$0.684, effective May 31.
The price adjustment results from a final dividend payment for the year ended Dec. 31.
Sound Global provides water and wastewater treatment solutions and has offices in Beijing and Singapore.
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