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Ritek cuts conversion price on sixth series euro convertible bonds
By Marisa Wong
Milwaukee, Oct. 15 – Ritek Corp. said the conversion price on its 6th series of euro convertible bonds issued in 2005 was adjusted in accordance with the securities’ terms and conditions.
The new conversion price is NT$8.92, down from NT$9.1, effective Nov. 9.
Ritek is a Taiwan optical disk, photonics and electronics company.
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