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Taiwan’s Pan Jit lowers conversion prices of convertible bonds
By Marisa Wong
Morgantown, W.Va., June 29 – Pan Jit International Inc. will adjust the conversion price of its sixth issue domestic secured convertible bonds, according to a Taiwan Stock Exchange notice.
The company will lower the conversion price of the sixth issue bonds to NT$11.69 from NT$12.37.
The new conversion prices take effect on July 23.
Pan Jit is a Koahsiung City, Taiwan-based maker of semiconductors.
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