SEM Holdings Completes HK$44 Million Bond Sale

MT Newswires Live

04/27

SEM Holdings (HKG:9929) said it completed the sale of HK$44 million in convertible bonds to Yao Capital , according to a Hong Kong bourse filing Friday.

Shares of the electrical and mechanical engineering services firm fell over 7% in late morning trade Monday.

The bonds have an initial conversion price of HK$0.11 per share.

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