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Cheil Industries Inc to Merge with Wholly Owned Subsidiary


Tuesday, 25 Jun 2013 04:09am EDT 

Cheil Industries Inc announced that it will merge with its wholly owned subsidiary, GEMIPLUS DISTRIBUTION, which is engaged in the distribution of clothes and shoes, to increase its operating efficency and strengthen its global competitiveness. expected merger effective date is September 1, 2013. After the merger, the Company will survive and GEMIPLUS DISTRIBUTION will be dissolved. 

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