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TPK Holding trims conversion price on convertible bonds due 2020
By Marisa Wong
Morgantown, W.Va., Sept. 8 – TPK Holding Co., Ltd. adjusted the conversion price for its third issue zero-coupon overseas convertible bonds due 2020 on Friday, according to a Taiwan Stock Exchange notice.
The conversion price was lowered to NT$238.3 per share from NT$238.7 per share.
The adjustment is due to an issuance of new shares sponsoring global depositary receipts.
Based in Taipei, Taiwan, TPK makes capacitative touch technology products used in smartphones and tablets.
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