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Omnitel to merge with subsidiary

Monday, 17 Mar 2014 01:47am EDT 

Omnitel Inc:To merge with its wholly-owned subsidiary, which is engaged in mobile coupon and commerce solution business, to improve operating efficency and create synergy.Expected merger effective date of May 22.Says the company will survive and the subsidiary will be dissolved after the merger. 

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-80.0 -2.39%
30 Apr 2015