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Taiwan’s Hopax Chemicals adjusts conversion price of convertibles
By Mary-Katherine Stinson
Lexington, Ky., Aug. 12 – Hopax Chemicals Mfg. Co., Ltd. announced an adjustment to the conversion price of its fifth domestic convertible bonds, according to a notice Friday.
Effective Sept. 3, the conversion price will be adjusted to NT$54.1 per share due to the company’s issuance and conversion procedures.
Taiwan-based Hopax is a specialty chemicals manufacturer for the high-tech industries.
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