Asia Optical withdraws plans to issue secured convertible bonds

By Marisa Wong

Madison, Wis., Jan. 21 - Asia Optical Co., Inc. has withdrawn its application to issue its fifth issue of secured convertible corporate bonds, according to a Taiwan Stock Exchange notice.

The company said its board of directors will consider the issuance again depending on future operation conditions of the company.

Asia Optical is a Taichung, Taiwan-based manufacturer and distributor of optical components.

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