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Risecomm lowers conversion price of bonds to HK$0.80 per share
By Sarah Lizee
Olympia, Wash., Aug. 13 – Risecomm Group Holdings Ltd. amended its convertible bonds to lower the conversion price to HK$0.80 per share from HK$2.50 per share, according to a notice.
The amendment took effect on Thursday.
Risecomm is an investment holding company mainly engaged in the design, development and sale of power-line communication products. It is based in Shenzhen, China.
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