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Published on 7/10/2008 in the Prospect News Convertibles Daily.

Fong's buys back HK$10 million of 0% convertibles

By Devika Patel

Knoxville, Tenn., July 10 - Fong's Industries Co. Ltd. repurchased HK$10 million of its outstanding zero-coupon convertible bonds due 2011 for HK$10.7 million in an off-market transaction, according to a Thursday filing with the Securities and Exchange Commission.

Fong's is a textile company based in Hong Kong.


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