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Dynamic Electronics cuts conversion price on convertible bonds
By William Gullotti
Buffalo, N.Y., July 21 – Dynamic Electronics Co., Ltd. lowered the conversion price of its second domestic unsecured convertible bonds to NT$23.10 per share from NT$23.50 per share, according to an announcement Wednesday.
The change, effective Aug. 13, is due to a dividend distribution.
Dynamic Electronics is a printed circuit board (PCB) manufacturer based in Taiwan.
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