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Zhen Ding corrects conversion price adjustment to overseas convertible bonds
By William Gullotti
Buffalo, N.Y., Aug. 18 – Zhen Ding Technology Holding Ltd. announced a correction to the conversion price of its overseas convertible bonds, according to a notice Wednesday.
The corrected adjustment of the company’s third unsecured overseas convertible bonds lowers the price to NT$144.94 from NT$151.75. The effective date remains July 6, as previously reported.
The circuit manufacturer is based in Taoyuan, Taiwan.
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