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Hanjin Shipping to merge with two business divisions of Hanjin Shipping Holdings


Thursday, 13 Mar 2014 04:40am EDT 

Hanjin Shipping Co Ltd:Says to merge with maritime transport business and trademark right management business of Hanjin Shipping Holdings, to improve operating efficency and create synergy.Say merger ratio of 1.4336845 : 1 between Hanjin Shipping and two business divisions.Says 44,432,774 new shares will be issued for the merger.Listing date of June 20 for the new shares.Expected merger effective date of June 1 and division registration date of June 3. 

Company Quote

6220.0
90.0 +1.47%
21 Aug 2014