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Prospect News home > News index > List of issuers S > Headlines for SPG Land (Holdings) Ltd. > News item
Published on 6/18/2009 in the Prospect News Convertibles Daily.

SPG Land decreases conversion price on 0% convertible bonds due 2012

By Devika Patel

Knoxville, Tenn., June 18 - SPG Land (Holdings) Ltd. said it has adjusted the conversion price on its zero-coupon convertible bonds due 2012 to HK$7.62 per share from HK$7.77 per share, effective June 6.

The adjustment is due to a RMB 4.97 cents per share final dividend payment on June 12.

SPG Land is a residential and hotel property developer in Hong Kong.


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