Far East Horizon Limited (HK:3360) has released an update.
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Far East Horizon Limited has announced adjustments to the conversion prices of its guaranteed convertible bonds due in 2025 and 2026 as a consequence of an approved interim dividend. The conversion price of the 2020 and 2021 Convertible Bonds will decrease, effective from 16 October 2024, potentially increasing the maximum number of shares issuable upon full conversion. The adjustments are in accordance with the terms and conditions of the bonds and do not affect any other terms.
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