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A-motion Co.,Ltd. to Merge with TES Co.,Ltd

Thursday, 14 Feb 2013 08:43pm EST 

A-motion Co.,Ltd. announced that it has signed a statutory merger agreement with TES Co.,Ltd, a Korea-based company mainly engaged in the manufacturing of semiconductors and solar cell equipment, to improve corporation value and maximize shareholders' value. The merger ratio of A-motion and TES is 1 : 20.2960798 and 974,210 common shares will be issued with the merger. The merger effective date is April 23, 2013. After the merger, A-motion will survive and TES will be dissolved. 

Company Quote

-15.0 -0.94%
27 Aug 2014