8996 Kao Li Announces Exercise of Redemption Right for Fourth Domestic Convertible Bond and Termination of OTC Trading
NQ Score
87/100
N1 Content Completeness
10
AI Summary (NQ-processed)
Kao Li Co., Ltd. announces the exercise of its redemption right for the fourth unsecured convertible bond (Kao Li IV, code: 89964), with OTC trading set to terminate on August 28, 115. Bondholders must convert before August 26 or face mandatory cash redemption.
AI Analysis
Frequently Asked Questions
- Q: When will Kao Li redeem the convertible bonds in cash?
- A: The redemption reference date is August 27, 115, with cash payment within five business days.
- Q: Where can bondholders convert their bonds?
- A: Bondholders must complete conversion through their brokerage by August 26, 115.
- Q: What is the last trading day for Kao Li IV bonds?
- A: August 28, 115 is the final OTC trading day; no further public trading after that.