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Omnisystem Co., Ltd to Merge with INNEREX Co, Ltd.

Wednesday, 13 Mar 2013 04:33am EDT 

Omnisystem Co., Ltd announced that it has signed a statutory merger agreement with INNEREX Co, Ltd., a Korea-based manufacturer of credit cards, to improve the financial structure. The exchange ratio of Omnisystem Co., Ltd and INNEREX Co, Ltd. is 1 : 2.36231884 and 16,588,720 common shares will be issued with the merger. The merger effective date is June 25, 2013. After the transaction, Omnisystem Co., Ltd will survive and INNEREX Co, Ltd. will be dissolved. 

Company Quote

-5.0 -0.33%
17 Apr 2014