Wuxi Apptec Says Bondholders Requesting Conversion of Bonds Worth Up to Rmb160 Million
WuXi AppTec Co., Ltd. said on Thursday it has received further requests from certain bondholders to exercise their conversion rights, with the aggregate principal amount of bonds subject to these requests not exceeding Rmb160 million. The company will proceed with the allotment and issuance of underlying H shares to bondholders within a reasonably practicable timeframe.
, Ltd. said it has recently received additional requests from certain bondholders to exercise conversion rights attaching to bonds, with the aggregate principal amount of bonds subject to the requests not expected to exceed Rmb160 million. The company said it will proceed with the allotment and issuance of the underlying H shares to the bondholders within a "reasonably practicable timeframe". SS.