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Radiant Opto-Electronics adjusts conversion price of convertible bonds
By Marisa Wong
Morgantown, W.Va., July 5 – Radiant Opto-Electronics Corp. lowered the conversion price of its domestic convertible bonds to NT$116.39 from NT$124.64, according to a Taiwan Stock Exchange notice.
The new conversion price, due to a cash dividend, is effective July 25, the ex-dividend record date.
The backlight module manufacturer and research and development company is based in Kaohsiung City, Taiwan.
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