E-Commodities Holdings lowers conversion price on convertible bonds

By Marisa Wong

Morgantown, W.Va., Sept. 21 – E-Commodities Holdings Ltd. announced a downward adjustment to the conversion price of its convertible bonds.

The new conversion price is HK$0.72 per share.

The adjustment is due to the average market price of the company’s stock being less than the conversion price in effect on the reset date.

Formerly Winsway Enterprises Holdings Ltd., the importer of coking coal is based in Hong Kong.

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