Forefront trims conversion price of its convertible bonds to HK$0.322

By Devika Patel

Knoxville, Tenn., July 29 - Forefront Group Ltd. said it adjusted the conversion price of its convertible bonds to HK$0.322 per share from HK$0.339 per share, effective July 29.

The adjustment is due to a private placement the company settled on Thursday.

Forefront is a Hong Kong-based distributor of heavy commercial vehicles and related repair and maintenance services.

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