CONNECT WITH US

Gemtek sets conversion price for planned convertible bonds

Irene Chen, Taipei; Steve Shen, DIGITIMES Asia 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...

The article requires paid subscription. Subscribe Now