Interchinaˇ¦s deadline for placement of convertible notes extended to Nov 13
Interchina Holdings Co Ltd (0202) said the deadline for its proposed placement of 100 mln hkd worth of convertible notes has been extended to Nov 13. In a statement, the company said additional time was required to finalise the placement. The convertible notes can be converted into Interchina shares at the higher of 2.00 hkd per share or the average closing price on the stock exchange over 10 consecutive trading days before the conversion.
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