Apex International to lower conversion price on convertible bonds

By Marisa Wong

Morgantown, W.Va., July 5 – Apex International Co., Ltd. will lower the conversion price of its second issue of domestic convertible corporate bonds to NT$36.00 per share from NT$38.20 per share, according to a Taiwan Stock Exchange notice.

The adjustment, due to distribution of a cash dividend, will take effect on July 28.

Apex is a holding company based in Taipei, Taiwan. Its subsidiary manufactures rigid printed circuit boards.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.