TPE:5306

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SinoPacUpgradedBuy68d ago
Price target$103

What's the latest news on TPE:5306?

KMC (Kuei Meng) International's Bonds to Mature on Nov. 8

KMC (Kuei Meng) International (TPE:5306) said its fourth domestic secured convertible bonds will mature on Nov. 8, and will be redeemed at face value through a single cash payment.OTC trading of the bonds will terminate from Nov. 9, according to a Wednesday filing.Bond conversion will be suspended from Oct. 7 to Nov. 5 due to an extraordinary general meeting, with bondholders required to complete conversion procedures by Oct. 5.Maturity payments will be made to bondholders on Nov. 19, it said.

TPE:5306

Research68d ago

SinoPac Upgrades KMC Kuei Meng International to Buy from Neutral; Price Target is NT$103

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