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Hansol Paper Co., Ltd. to Merge with Hansol CSN Co., Ltd.

Sunday, 7 Apr 2013 10:45pm EDT 

Hansol Paper Co., Ltd. announced that it has signed a statutory merger agreement with Hansol CSN Co., Ltd., a Korea-based company mainly engaged in the integrated logistics business, to improve corporation value. The merger ratio of Hansol Paper and Hansol CSN is 1 : 0.1836020 and 4,230,578 common shares will be issued with the merger. The merger effective date is September 1, 2013. After the merger, Hansol Paper will survive and Hansol CSN will be dissolved. 

Company Quote

-40.0 -1.39%
30 Sep 2014