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Prospect News home > News index > List of issuers P > Headlines for Parkson Retail Group Ltd. > News item
Published on 7/28/2010 in the Prospect News Convertibles Daily.

Paka, Parkson adjust exchange ratio on trust certificates due 2013

By Devika Patel

Knoxville, Tenn., July 28 - Paka Capital Ltd. and Parkson Retail Group Ltd. said the exchange rate on Paka's exchangeable trust certificates due 2013 was adjusted following the payment of a dividend.

The exchange ratio for each $100,000 certificate has been changed to 40,025.1875 parkson shares and HK$7,437.15.

Parkson is a Beijing-based operator of department stores.


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