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Prospect News home > News index > List of issuers R > Headlines for Ruyan Group (Holdings) Ltd. > News item |
Ruyan cuts conversion price on convertibles following rights issue
By Marisa Wong
Milwaukee, June 4 - Ruyan Group (Holdings) Ltd. announced that the conversion price of its convertible notes has been adjusted as a result of a rights issue.
The conversion price was adjusted to HK$0.525 from HK$0.65, effective June 3.
Hong Kong-based Ruyan develops, produces and sells health care products and pharmaceutical products.
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