Golden Agr convertible bond， 值得买吗？

Issue Size : US$400,000,000 in aggregate principal amount of
Convertible Bonds.
Issue Price : 100 per cent. of the principal amount of the
Convertible Bonds.
Form and Denomination : The Convertible Bonds will be issued in registered
form in the denomination of US$200,000 each.
Settlement and Payment : Subject to fulfilment of the conditions set out in the
Subscription Agreement, settlement and payment for
the Convertible Bonds is expected to take place on or
about 4 October 2012 (the " Closing Date" ) or such
other date as the Company and the Joint Lead
Managers shall agree.
Interest : The Convertible Bonds will bear interest at the rate of
2.50 per cent. per annum, payable semi-annually in
arrears.
Maturity Date : 4 October 2017 (the " Maturity Date" ).
Yield to Maturity : 2.50 per cent. per annum, calculated on a semi-annual
basis.
Initial Conversion Price : S$0.8896 for each new Share (using a fixed exchange
rate of S$1.2479 : US$1.00) (the " Initial Conversion
Price" ).
Conversion Premium : 28 per cent. over the closing price of the Shares
quoted on the Singapore Exchange Securities Trading
Limited (the " SGX-ST" ) on 5 September 2012, which
was S$0.695.
Conversion Period : Convertible at the option of the holder of each
Convertible Bond (the " Bondholder" ), at any time on
and after 14 November 2012 up to the close of
business (at the place where the bond certificate
evidencing such Convertible Bond is deposited for
conversion) on 27 September 2017 (but, except as
provided in the Terms and Conditions, in no event - 3 -
thereafter), or if such Convertible Bond shall have
been called for redemption before 27 September 2017,
then up to the close of business (at the place aforesaid)
on a date no later than seven business days (at the
place aforesaid) prior to the date fixed for redemption
thereof.
If the conversion date in respect of a Convertible
Bond would otherwise fall during a Book Closure
Period, such conversion date shall be postponed to the
first Stock Exchange Business Day after the expiry of
such Book Closure Peri