Kokusai Chemical Announces Information on Convertible Bond 'Kokusai 3' (47223) Due to Trading Alert Threshold
AI Summary (NQ-processed)
Kokusai Chemical has announced relevant information regarding its convertible bond 'Kokusai 3' (47223), which recently met the public alert criteria, to help investors distinguish and understand the current status.
AI Analysis
Frequently Asked Questions
Q: Why was Kokusai Chemical's convertible bond flagged for alert status?
A: The conversion price and market price gap met the GreTai disclosure threshold, requiring public announcement for investor protection.
Q: What is the latest conversion price of Kokusai 3 bond?
A: The latest conversion price is NT$141.3, while the underlying stock closed at NT$301.00, indicating strong conversion incentives.
Q: When does the convertible bond mature?
A: The 'Kokusai 3' bond matures on October 1, 2028. Unconverted portions will be redeemed or converted by then.