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Samyang Corp to Merge with Samyang EMS Co., Ltd.


Thursday, 11 Apr 2013 03:08am EDT 

Samyang Corp announced that it has signed a statutory merger agreement with Samyang EMS Co., Ltd., a Korea-based company mainly engaged in the manufacturing and sales of semiconductor and electric materials, to improve corporation value. The merger ratio of Samyang Corp and Samyang EMS is 1 : 0.0658723 and 300,658 common shares will be issued with the merger. The merger effective date is July 1, 2013. After the merger, Samyang Corp will survive and Samyang EMS will be dissolved. 

Company Quote

44200.0
200.0 +0.45%
18 Apr 2014