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Holy Stone to increase conversion price of third issue convertibles
By Marisa Wong
Madison, Wis., Aug. 15 - Holy Stone Enterprise Co., Ltd. announced a further adjustment to the conversion price of its third issue domestic convertible bonds.
Effective Aug. 22 the conversion price will be NT$45.89, increased from NT$32.12.
Holy Stone announced on July 24 that it would lower the conversion price to NT$32.12 from NT$34.38, effective Aug. 13.
Holy Stone is a Taipei, Taiwan-based supplier of electronic components.
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