City Labs Lowers Conversion Price for 8th Round of CB
[Asia Economy Reporter Kwon Jaehee] City Labs announced on the 29th that it will lower the conversion price of the 8th tranche convertible bonds (CB) from 703 won to 690 won due to a decline in market price.
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Accordingly, the number of convertible shares increased from the previous 14,509,246 shares to 14,782,608 shares.
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