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Published on 6/4/2010 in the Prospect News Convertibles Daily.

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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