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Gemtek sets conversion price for planned convertible bonds

Irene Chen, Taipei; Steve Shen, DIGITIMES Asia Monday 7 April 2008 0

Gemtek Technology has set the conversion price for its planned issuance of NT$1 billion (US$33 million) worth of unsecured convertible bonds at NT$51.26 a share, the company said last week after a board meeting. The conversion price is 6.8% lower than...

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